RESTRUCTURING, MERGER AND ACQUISITION

Post-merger restructuring and the boundaries of the firm

We examine how firms redraw their boundaries after acquisitions using plant-level data. We find that there is extensive restructuring in a short period following mergers and full-firm acquisitions. Acquirers of full firms sell 27% and close 19% of the plants of target firms within three years of the acquisition. Acquirers with skill in running their peripheral divisions tend to retain more acqu...

A business guide Merger & Acquisition Integration

Quantifying Operational Synergies in a Merger/Acquisition

Merger and acquisition activity has increased sharply in the last decade. While the shareholders of the target firms appear to reap economic benefits from mergers, those of the bidder firms often do not fare well. In such an environment, it seems useful to have models that can help senior managers of bidder firms make informed decisions about the amount of premium, over target’s share prices pr...

Category restructuring during second-language speech acquisition.

This study examined the production of English /b/ and the perception of short-lag English /b d g/ tokens by four groups of bilinguals who differed according to their age of arrival (AOA) in Canada from Italy and amount of self-reported native language (L1) use. A clear difference emerged between early bilinguals (mean AOA= 8 years) and late bilinguals (mean AOA= 20 years). The late bilinguals s...

Post-Acquisition Restructuring as Evolutionary Process