𝔖 Bobbio Scriptorium
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The success of mergers in the 1920s: A stock market appraisal of the second merger wave

✍ Scribed by J.Rody Borg; Mary O. Borg; John D. Leeth

Book ID
116107643
Publisher
Elsevier Science
Year
1989
Tongue
English
Weight
949 KB
Volume
7
Category
Article
ISSN
0167-7187

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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