The Effects of Horizontal Merger Operating Efficiencies on Rivals, Customers, and Suppliers
Gennaro Bernile; Evgeny Lyandres
Review of Finance, Volume 23, Issue 1, 1 February 2019, Pages 117–160, https://doi.org/10.1093/rof/rfy017
Mergers and acquisitions can impact not only the merging firms, but also firms that are economically linked to them: those competing with the merging firms in product markets (rivals) as well as those operating along the merging firms’ supply chains (corporate customers and suppliers).… Read more...
