This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis … that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …

This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …

This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …

information. We test whether markets fully incorporate this information using the empirical context of mergers. During the year … after merger announcement, the passage of time is informative about the probability that the merger will ultimately complete …

This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …

This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …

effects of horizontal mergers and acquisitions on acquirers in the brewing industry. Based on a sample of 69 takeover …The brewing industry has recently experienced increased merger activity. This paper analyzes the shortterm wealth …

of targets, bidders, and their peers upon takeover announcement, and closing or withdrawal. We distinguish five common M … investors believe in gains through the exploitation of market power by the post-merger entity. In a multinomial logistic model …-industry mergers, and increasing market concentration, suggesting a substantial lessening of competition through M&A. -- M&A ; Banks …

-level uncertainty is characterized by a pecking order: the announcement of a domestic takeover leads to a reduction in the uncertainty …