A horizontal merger is a merger or business consolidation that occurs between firms that operate in the same industry, usually as larger companies attempt to create more efficient economies of scale.

We develop a search-based theory of mergers and acquisitions with heterogeneous firms and endogenous search complementarities. We use this model to understand how merger incentives and the firm size ...

Explore how reverse mergers let private companies go public efficiently. Understand the benefits and risks of this alternative to traditional IPOs.

There is nothing inherently wrong with the merger of two companies. Many on the left have adopted the view that mergers and acquisitions somehow are a problem for our economy. Nothing could be further ...

The FDIC, OCC, and DOJ each took separate actions in September 2024 to significantly rewrite their approaches to bank merger review. Specifically: The FDIC, following a proposed statement issued in ...

American Water Works is a high-quality, A-rated water utility with a strong history but faces valuation and CapEx headwinds. AWK's announced merger with Essential Utilities is strategically logical ...

The Minister of the Department of Trade, Industry and Competition announced proposed amendments to the merger filing thresholds on Tuesday, 27 January 2026. This marks the fourth time since 1998 that ...