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Author:Fee, C. E.
Thomas, S.
Title:Sources of gains in horizontal mergers: evidence from customer, supplier, and rival firms
Journal:Journal of Financial Economics
2004 : DEC, VOL. 74:3, p. 423-460
Index terms:Mergers
Language:eng
Abstract:This article examines the upstream and downstream product-market effects of horizontal mergers. The data is a large sample of mergers from 1980 to 1997. The data set identifies the corporate customers, suppliers, and rivals of the companies initiating horizontal mergers. The data set is used to examine announcement-related stock market revaluations and post-merger changes in operating performance.
SCIMA record nr: 257103
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