Bank Mergers and American Bank Competitiveness
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Description
In this paper we attempt to elaborate on the observation that “the common environmental feature that underlies mergers and acquisitions throughout the U.S. economy is increased competition.” Motivating this paper is the sharp contrast between the high cost of bank mergers and acquisitions and the large number of such transactions. The existing legal rules and regulations that govern bank mergers and acquisitions make such transactions very costly. The legal environment dramatically increases the transaction costs of mergers and acquisitions and especially of hostile takeovers in the field of banking.
Source Publication
Bank Mergers and Acquisitions
Source Editors/Authors
Yakov Amihud, Geoffrey Miller
Publication Date
1998
Recommended Citation
Macey, Jonathan R. and Miller, Geoffrey P., "Bank Mergers and American Bank Competitiveness" (1998). Faculty Chapters. 2032.
https://gretchen.law.nyu.edu/fac-chapt/2032
