Quarterly Journal of Economics Vol. 83 No. 4 1969

An Economic Disturbance Theory of Mergers

Michael Gort

University at Buffalo, State University of New York

Abstract

Introduction, 624. — Economic disturbances and valuation discrepancies, 626. — Pursuit of monopoly and economies of scale as determinants of merger, 629. — Statistical tests, 631. — Security prices and valuation discrepancies, 637.

DOI

10.2307/1885453

Volume

83

Issue

4

Pages

624

Sources

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Cite

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