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Discuss the underlying theories and empirical evidence on the value creation from horizontal mergers. How do other firm- and deal- characteristics interact with the valuation effects of such mergers?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter23: Corporate Restructuring

Section: Chapter Questions

Problem 9QTD

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Discuss the underlying theories and empirical evidence on the value creation from
horizontal mergers. How do other firm- and deal- characteristics interact with the
valuation effects of such mergers?

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