Simulation as an Alternative to Structural Merger Policy in Differentiated Products Industries PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Simulation as an Alternative to Structural Merger Policy in Differentiated Products Industries PDF full book. Access full book title Simulation as an Alternative to Structural Merger Policy in Differentiated Products Industries by Gregory Werden. Download full books in PDF and EPUB format.
Author: Gregory Werden
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 42
Get Book Here
Book Description
Author: Gregory Werden
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 42
Get Book Here
Book Description
Author: Craig Peters
Publisher:
ISBN:
Category : Airlines
Languages : en
Pages : 56
Get Book Here
Book Description
Author: Stacey L. Bowers
Publisher: West Academic Publishing
ISBN: 9781684672325
Category : Consolidation and merger of corporations
Languages : en
Pages : 178
Get Book Here
Book Description
A critical skill for any aspiring transactional lawyer is the ability to draft documents that pertain to different types of deals and situations. This book, which is an update of Corporate Drafting: A Practical Approach, provides students with the opportunity to follow a merger and acquisition from the inception of the client relationship through the entire merger transaction process and its ultimate closing. The book is structured to be used as a stand-alone corporate drafting textbook or in conjunction with a mergers and acquisitions course. The book, which utilizes one cohesive scenario to form the basis of the underlying deal, brings a merger transaction to life and provides students with the opportunity to engage in up to 30 simulations relating to the merger. The simulations provide an opportunity for students to: form the client relationship by preparing the engagement letter; kick off the merger transaction by drafting the confidentiality agreement; negotiate the substantive terms of the merger transaction and draft the term sheet based on those terms; engage in a limited due diligence review of select contracts and prepare a due diligence memo; draft the entire merger and acquisition agreement and the most common ancillary documents including the escrow agreement, executive employment agreement, consultant agreement, and non-compete agreement; assess whether regulatory requirements such as the Hart-Scott-Rodino antitrust filing or WARN Act notice are triggered, and if so, prepare the actual filing or notice; draft the consent actions of the shareholders and directors; prepare a closing checklist and draft the necessary closing documents including the articles of merger, officers' certificates, and legal opinion; and to prepare a press release announcing the closing of the transaction. This book introduces students to the entire merger and acquisition process and provides them with an opportunity to draft most of the documents associated with this type of transaction. So, when they reach practice, they should be able to hit the ground running.
Author: Peter A. G. van Bergeijk
Publisher: Edward Elgar Publishing
ISBN: 9781781958933
Category : Business & Economics
Languages : en
Pages : 240
Get Book Here
Book Description
Modelling European Mergers presents a comprehensive and fresh perspective on the economic analysis of mergers by leading academics and competition policymakers from Europe and the US. The book frankly discusses the pro's and con's of using applied game theory models in merger control from a historical and theoretical perspective. Seven case studies on the actual use of advanced techniques and models in legal procedures provide a perspective from the national competition authorities in Belgium, Denmark, Italy. The Netherlands and Sweden on markets that range from basic goods such as bread and aperitifs to complex products such as electricity, literature and software. The case studies provide many insights into practical issues such as data collection, procedures and errors of predication, as well as in the relative merits of different econometric approaches. A recurring theme of the book is how economic insights insights can be translated into convincing legal decisions.
Author: Robert S. Schlossberg
Publisher: American Bar Association
ISBN: 9781604420463
Category : Business & Economics
Languages : en
Pages : 1228
Get Book Here
Book Description
Author: Roy Jacob Epstein
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Dennis W. Carlton
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 26
Get Book Here
Book Description
Author: Daniel Föller
Publisher: GRIN Verlag
ISBN: 3656355932
Category : Business & Economics
Languages : de
Pages : 44
Get Book Here
Book Description
Masterarbeit aus dem Jahr 2012 im Fachbereich VWL - Industrieökonomik, Note: 1,0, University of Warwick, Sprache: Deutsch, Abstract: In this paper we use standard merger simulation techniques to compare the effects of three hypothetical mergers within the German automobile market. The simulation is conducted in three steps. Firstly, by applying a two-level Nested Logit model we estimate the demand for and then present stylised facts on the purchasing behaviour of German consumers. Secondly, conduct is modelled as Bertrand-type to simulate the pricing behaviour of manufacturers. In the third step, we adjust the market structure according to the respective merger cases and reestimate supply and demand to simulate price effects. Our results suggest that welfare changes are only significant if German producers are involved. Furthermore, we find extensive differences across the market segments. Whilst mergers have virtually no consequences for the pricing of subcompact vehicles, we predict a considerably large effect within other car segments, such as luxury cars.
Author: Geoffrey Michael Pofahl
Publisher:
ISBN:
Category :
Languages : en
Pages : 349
Get Book Here
Book Description
The goal of the final essay is to explore the implementation of more realistic supply channel interactions in merger simulations. In particular, a two-stage pricing game is used to conduct merger simulations in the refrigerated orange juice category. The overriding finding is that comparisons with conventionally used models will not be practical until the relationship between demand specification and two-stage game modeling is better understood.
Author: Duarte Brito
Publisher: Kluwer Law International B.V.
ISBN: 9041124519
Category : Business & Economics
Languages : en
Pages : 248
Get Book Here
Book Description
Drawing on twenty years of merger analysis literature, this single source offers practical solutions to a wide range of problems faced by specialists working in the field of mergers and acquisitions. The authors take an industrial organization approach in which effects on profits, on consumer surplus and on overall welfare are of greatest relevance. The focus is primarily on horizontal mergers, although vertical and conglomerate mergers are addressed when producers of complementary goods are involved. Among the issues and elements examined, the authors provide answers to the following: How does a merger affect the insider firm's profitabifity? Why may outsiders stock market value increase or decrease following a merger? What are the expected welfare effects of a merger? What sort of arguments can be used for merger defense? How do economists model the firm's merging decision? How can the authorities simulate the price effects of a horizontal merger? Is post-merger entry likely to compensate the effects of a merger? The discussion proceeds from an analysis of the simplest exercise of market power to evermore complex merger environments. In their detailed coverage of policy evaluation of proposed acquisitions, the authors provide a merger simulation toolkit which can be applied to important recent judicial decisions in the field. This book will be of great value not only to academics in microeconomics and industrial organization, but also to lawyers and officials seeking expert practical guidance in the business or administrative responsibilities surrounding mergers and acquisitions.
