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Author:Wilcox, H. D.
Chang, K.-C.
Grover, V.
Title:Valuation of mergers and acquisitions in the telecommunications industry: a study on diversification and firm size
Journal:Information & Management
2001 : AUG, VOL. 38:7, p. 459-471
Index terms:ALLIANCES
COMPANIES BY SIZE
DIVERSIFICATION
MERGERS
TELECOMMUNICATIONS INDUSTRY
Language:eng
Abstract:Since the 1996 Telecommunications Act, numerous mergers and alliances (M&A) have been consummated within the telecommunications industry. These M&A involve both large and small firms in a variety of different and similar industry segments. In this industry, replete with technological uncertainty, it is useful to evaluate the impact of these activities on the market valuation of the firms involved. This study uses event analysis to examine 44 M&A events involving 89 partners in the telecommunications industry.
SCIMA record nr: 225077
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