Do merger-related operating synergies exist?
Executives frequently forecast large operating efficiency gains from mergers. Using these projections, we study the impact of operating synergies on merger performance. Investors' reaction to mergers varies directly with the availability of these forecasts and the gains they imply, and post-mer...
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| Main Authors: | , |
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| 格式: | text |
| 語言: | English |
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Institutional Knowledge at Singapore Management University
2011
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| 在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/5162 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6161/viewcontent/SSRN_id642322.pdf |
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