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Option trading and stock returns : a re-examination

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Efficiency and Market Power Gains in Bank Megamergers : Evidence from Value Line Forecasts

Devos, Erik - 2016

This paper examines whether gains in bank megamergers occur due to efficiency improvements or the exercise of market power using financial statement line item forecasts from Value Line to infer the effect of the merger on prices and quantities. The average megamerger is associated with...

Persistent link: https://www.econbiz.de/10012991899