The use of stock market returns in antit
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Robert H. McGuckin; Fredrick R. Warren-Boulton; Peter Waldstein
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Article
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1992
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Springer US
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English
โ 679 KB
One of the most promising recent innovations in merger analysis has been the attempt to predict the effects of horizontal mergers by examining the share prices of the rivals to the merging firms. In this paper we describe the standard procedure, discuss some of the major criticisms of that procedure