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A Statistical Test of the Success of Consolidations

Quarterly Journal of Economics 1921 36(1), 84
Nature of the study, 84. — Underlying assumptions of the study, 86. — I. Previous earnings of the representative consolidation compared with actual earnings, 90. — II. Estimated earnings of the representative consolidation compared with actual earnings, 91. — III. First-year earnings of the representative consolidation compared with later earnings, 93. — Table of fundamental data, 95.