Abstract
Alliances, mergers and acquisitions allow companies to fundamentally alter the general market environment in which they operate. And that’s not all: They can also set unexpected long-term trends that the capital market may punish to begin with and accept (and reward) only over time. This is what we call a strategic approach to corporate finance.
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© 2009 Springer-Verlag Berlin Heidelberg
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Kötzle, A., Meißner, C. (2009). Mergers and Acquisitions. In: Eilenberger, G., Haghani, S., Kötzle, A., Reding, K., Spremann, K. (eds) Current Challenges for Corporate Finance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-04113-6_3
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DOI: https://doi.org/10.1007/978-3-642-04113-6_3
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Publisher Name: Springer, Berlin, Heidelberg
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