This paper employs a new approach to identify merger and acquisition (M&A) transactions financed by syndicated loans … time. Lenders' participation in the M&A market can resolve uncertainty about the M&A deal quality, improve corporate …

Cross-border merger activity is growing in importance. We map the global trade network each year from 1989 to 2016 and … compare it to cross-border and domestic merger activity. Trade-weighted merger activity in trading partner countries has … statistically and economically significant explanatory power for the likelihood a given country will be in a merger wave state, at …

changes in risk arbitrageurs' holdings surrounding the time of an announcement, whose ability to predict deal outcomes is … be renegotiated, to feature slower completion times, and to fail even after controlling for merger arbitrage spreads and …

The Q-theory of investment says that a firm's investment rate should rise with its Q. We argue here that this theory … also explains why some firms buy other firms. We find that 1. A firm's merger and acquisition (M&A) investment responds to …, i.e., the 'Free-Cash Flow' story works, but explains a small fraction of mergers only, and 3. The merger waves of 1900 …