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Waiting to Merge [PDF]

open access: possibleSSRN Electronic Journal, 2008
We set up a sequential merger game to study a firm's incentives to pass up on an opportunity to merge with another firm. We find that such incentives may exist when there are efficiency gains from a merger, firms are of different sizes, there is an antitrust authority present to approve mergers, and there is a sufficient alignment of interests between ...
Fumagalli, Eileen, Nilssen, Tore
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On “Merging” and the Fantasy of Merging

The Psychoanalytic Study of the Child, 1986
(1986). On “Merging” and the Fantasy of Merging. The Psychoanalytic Study of the Child: Vol. 41, No. 1, pp. 155-170.
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Merging Laggards

Journal of Competition Law & Economics, 2023
Abstract We argue that mergers among market laggards (new entrants or innovation challengers) should be treated differently than those involving leaders (established players or first-mover innovators). We show that these mergers can be rivalry-enhancing, either by accelerating entry or promoting innovations, leading to lower quality ...
Padilla, Jorge   +2 more
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