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APPENDIX A Tables 309
DEFINITIONS SOURCES AND PRESENTATION OF THE MERGER
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acquired firms acquisitions annual appraisal gaps assessment assets assumed average capital causes of mergers Chapter combinations companies competition consummated control group coordination gains corporate dairying degree of concentration different industries dustry earlier economic economies of scale efficiency improvements employment entities explanatory variables external expansion fabricated metal firm's firms acquired Gort growth horizontal hypothesis important increase industrial firms internal investigated firms less liquidity preference listed firms ment merged firms merger activity merger data merger frequency merger intensity motive number of employees number of firms number of mergers oligopolistic owners partial mergers percent perfect competition period pools potential buyers profitability proportion quartile reason relatively result selling sold firms solvency stock prices Stockholm Stock Exchange surplus value Svenska Sweden Swedish firms Swedish industry Swedish-owned Table technical economies tion trade unweighted value gaps vertical vertical integration weighted