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A Theory of Strategic Mergers

โœ Scribed by Lyandres, E.; Zhdanov, A.; Bernile, G.


Book ID
111986125
Publisher
Oxford University Press
Year
2011
Tongue
English
Weight
912 KB
Volume
16
Category
Article
ISSN
1572-3097

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## Abstract We consider how a merger between two naturally differentiated dealers affects their interactions with a common supplier and identify conditions under which the merger can increase or decrease the combined net worth of the two firms. Among other things, we find that the attractiveness of