Effects of Horizontal Merger Synergies on Rivals, Customers, and Suppliers

We examine the impact of operating synergies in horizontal mergers on the stock and operating performance of merging firms' product market rivals, corporate customers, and suppliers. Using a unique dataset of merger-related synergy forecasts disclosed by firms' insiders, we provide first d...

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Bibliographic Details
Main Authors: BERNILE, Gennaro, Lyandres, Evgeny
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2014
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/4502
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Institution: Singapore Management University
Language: English