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control. I find bundled repurchase announcements significantly increase the announcer’s likelihood of becoming a takeover …
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Übernahme oder Fusion ausgelöste Kundenabwanderung. Andreas Scharff untersucht, was Kunden nach Unternehmenszusammenschlüssen …
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Defending a challenged merger on the basis of synergies requires an analysis of the likely pass through to consumers of … functions. The marginal cost reductions necessary to fully compensate for the price-increasing effects of a merger, however, do … absent synergies and indicates that pass through should not be addressed as a discrete issue in merger cases. Finally, the …
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Within the great oscillations of overall merger activity there is a shifting pattern of activity between strategic …
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Investors increasingly rely on digital infrastructure to acquire information and we study how a large, unexpected server outage of the SEC’s EDGAR system affects liquidity to characterize the resilience and capital market effect of information acquisition in the digital age. The SEC’s EDGAR...
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