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  • March 1973 (Revised August 1984)
  • Background Note

Conglomerates and the Merger Movement of the 1960s

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Chandler, Alfred D., Jr. "Conglomerates and the Merger Movement of the 1960s." Harvard Business School Background Note 373-250, March 1973. (Revised August 1984.)
  • January 2024
  • Article

Dog Eat Dog: Balancing Network Effects and Differentiation in a Digital Platform Merger

By: Chiara Farronato, Jessica Fong and Andrey Fradkin
Digital platforms are increasingly the subject of regulatory scrutiny. In comparison to multiple competitors, a single platform may increase consumer welfare if network effects are large or may decrease welfare due to higher prices or reduction in platform variety. We... View Details
Keywords: Platform Differentiation; Digital Platforms; Network Effects; Measurement and Metrics; Mergers and Acquisitions; Outcome or Result
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Farronato, Chiara, Jessica Fong, and Andrey Fradkin. "Dog Eat Dog: Balancing Network Effects and Differentiation in a Digital Platform Merger." Management Science 70, no. 1 (January 2024): 464–483.
  • October 2008 (Revised May 2009)
  • Supplement

Kmart and ESL Investments (B): The Sears Merger

By: Stuart C. Gilson and Sarah Abbott
Supplement to 209-044 View Details
Keywords: Investment; Mergers and Acquisitions; Retail Industry
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Gilson, Stuart C., and Sarah Abbott. "Kmart and ESL Investments (B): The Sears Merger." Harvard Business School Supplement 209-045, October 2008. (Revised May 2009.)
  • 22 Jul 2005
  • Keynote Speech

Mergers and Acquisitions: Constructive or Destructive Force of Change?

By: W. Carl Kester
Keywords: Mergers and Acquisitions; Change
Citation
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Kester, W. Carl. "Mergers and Acquisitions: Constructive or Destructive Force of Change?" Nomura School of Advanced Management, Tokyo, Japan, July 22, 2005. (Reunion speaker.)
  • April 2004
  • Article

Do CEOs in Mergers Trade Power for Premium? Evidence from 'Mergers of Equals'

By: Julie Wulf
I analyze chief executive officer (CEO) incentives to negotiate shared control in the postmerger governance of the surviving firm. In order to do this, I study abnormal returns in a sample of "mergers of equals" (MOEs) transactions in which the two firms are... View Details
Keywords: Mergers and Acquisitions; Negotiation; Governance Controls; Power and Influence; Value Creation; Business and Shareholder Relations; Governing and Advisory Boards; Motivation and Incentives; Market Transactions
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Wulf, Julie. "Do CEOs in Mergers Trade Power for Premium? Evidence from 'Mergers of Equals'." Journal of Law, Economics & Organization 20, no. 1 (April 2004): 60–101.
  • 2011
  • Working Paper

The Impact of Horizontal Mergers and Acquisitions in Price Competition Models

The question of what impact mergers and acquisitions have on key equilibrium performance measures is fundamental to our understanding of competitive dynamics in an oligopolistic industry. We address these questions in the context of price competition models with... View Details
Keywords: Mergers and Acquisitions; Cost; Price; Profit; Duopoly and Oligopoly; Performance Efficiency; Mathematical Methods; Competition
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Federgruen, Awi, and Margaret P. Pierson. "The Impact of Horizontal Mergers and Acquisitions in Price Competition Models." Harvard Business School Working Paper, No. 12-031, October 2011.
  • July 2005
  • Teaching Note

Utah Symphony and Utah Opera: A Merger Proposal (TN)

By: Thomas J. DeLong
Teaching Note to (9-404-116). View Details
Keywords: Governing and Advisory Boards; Arts; Mergers and Acquisitions; Design; Organizational Culture; Voting; Integration; Human Capital; Music Industry
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DeLong, Thomas J. "Utah Symphony and Utah Opera: A Merger Proposal (TN)." Harvard Business School Teaching Note 406-027, July 2005.
  • 2020
  • Working Paper

Dog Eat Dog: Balancing Network Effects and Differentiation in a Digital Platform Merger

By: Chiara Farronato, Jessica Fong and Andrey Fradkin
Digital platforms are increasingly the subject of regulatory scrutiny. In comparison to multiple competitors, a single platform may increase consumer welfare if network effects are large or may decrease welfare due to higher prices or reduction in platform variety. We... View Details
Keywords: Platform Differentiation; Digital Platforms; Network Effects; Measurement and Metrics; Mergers and Acquisitions; Outcome or Result
Citation
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Farronato, Chiara, Jessica Fong, and Andrey Fradkin. "Dog Eat Dog: Balancing Network Effects and Differentiation in a Digital Platform Merger." NBER Working Paper Series, No. 28047, November 2020.
  • October 28, 2016
  • Article

AT&T, Time Warner, and What Makes Vertical Mergers Succeed

By: Bharat Anand
Keywords: Mergers and Acquisitions
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Anand, Bharat. "AT&T, Time Warner, and What Makes Vertical Mergers Succeed." Harvard Business Review (website) (October 28, 2016).
  • July 1989
  • Supplement

Merger Negotiations Between Farmland, Cenex, and Land O'Lakes (C)

By: Ray A. Goldberg
Keywords: Mergers and Acquisitions; Agriculture and Agribusiness Industry
Citation
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Goldberg, Ray A. "Merger Negotiations Between Farmland, Cenex, and Land O'Lakes (C)." Harvard Business School Supplement 590-005, July 1989.
  • July 1989
  • Case

Merger Negotiations Between Farmland, Cenex, and Land O'Lakes (A)

By: Ray A. Goldberg
Keywords: Mergers and Acquisitions; Negotiation; Agriculture and Agribusiness Industry
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Goldberg, Ray A. "Merger Negotiations Between Farmland, Cenex, and Land O'Lakes (A)." Harvard Business School Case 590-003, July 1989.
  • July 1989 (Revised September 1989)
  • Supplement

Merger Negotiations Between Farmland, Cenex, and Land O'Lakes (B)

By: Ray A. Goldberg
Keywords: Mergers and Acquisitions; Agriculture and Agribusiness Industry
Citation
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Goldberg, Ray A. "Merger Negotiations Between Farmland, Cenex, and Land O'Lakes (B)." Harvard Business School Supplement 590-004, July 1989. (Revised September 1989.)
  • March 1985 (Revised June 1985)
  • Teaching Note

Conglomerates and the Merger Movement of the 1960s, Teaching Note

By: Richard S. Tedlow
Keywords: Business Conglomerates; Mergers and Acquisitions
Citation
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Tedlow, Richard S. "Conglomerates and the Merger Movement of the 1960s, Teaching Note." Harvard Business School Teaching Note 385-274, March 1985. (Revised June 1985.)
  • April 2000 (Revised April 2000)
  • Case

Lycos, Inc.: The USA Networks, Lycos and TMCS Merger

By: Amy P. Hutton
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Hutton, Amy P. "Lycos, Inc.: The USA Networks, Lycos and TMCS Merger." Harvard Business School Case 100-048, April 2000. (Revised April 2000.)
  • December 2003
  • Case

Antitrust Regulations in a Global Setting: The EU Investigation of the GE/Honeywell Merger

By: Mihir A. Desai, Belen Villalonga and Mark Veblen
Helps students understand the principles underlying competition and antitrust policy in the context of the proposed GE-Honeywell merger. The U.S. Department of Justice has already approved the transaction and it is being considered by the European Commission. The... View Details
Keywords: Mergers and Acquisitions; Decisions; Economy; Fairness; Governing Rules, Regulations, and Reforms; Competition; Aerospace Industry
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Desai, Mihir A., Belen Villalonga, and Mark Veblen. "Antitrust Regulations in a Global Setting: The EU Investigation of the GE/Honeywell Merger." Harvard Business School Case 204-081, December 2003.
  • 2004
  • Article

Mergers and Acquisitions: An Experimental Analysis of Synergies, Externalities and Dynamics

By: R. Croson, A. Gomes, K. L. McGinn and M. Nöth
Keywords: Mergers and Acquisitions; Theory
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Croson, R., A. Gomes, K. L. McGinn, and M. Nöth. "Mergers and Acquisitions: An Experimental Analysis of Synergies, Externalities and Dynamics." Review of Finance 8, no. 4 (2004): 481–514.
  • October 2009 (Revised February 2010)
  • Case

Merger of Equals: The Integration of Mellon Financial and The Bank of New York (A)

By: Ryan D. Taliaferro, Clayton S. Rose and David Lane
Less than a month after the close of the merger between The Bank of New York and Mellon Financial, managers at the two firms realized that plans for combining their asset servicing businesses—and realizing the $180 million of annual cost savings that they had promised... View Details
Keywords: Mergers and Acquisitions; Asset Management; Financial Institutions; Risk Management; Integration; Information Technology; Financial Services Industry
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Taliaferro, Ryan D., Clayton S. Rose, and David Lane. "Merger of Equals: The Integration of Mellon Financial and The Bank of New York (A)." Harvard Business School Case 210-016, October 2009. (Revised February 2010.)
  • winter 1986
  • Article

Auditor Changes Following Big Eight Mergers with Non-Big Eight Audit Firms

By: Paul M. Healy and Tom Lys
Keywords: Accounting Audits; Change; Business Ventures; Mergers and Acquisitions
Citation
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Healy, Paul M., and Tom Lys. "Auditor Changes Following Big Eight Mergers with Non-Big Eight Audit Firms." Journal of Accounting and Public Policy 5, no. 4 (winter 1986): 251–265.
  • 14 Jan 2021
  • Working Paper Summaries

Dog Eat Dog: Measuring Network Effects Using a Digital Platform Merger

Keywords: by Chiara Farronato, Jessica Fong, and Andrey Fradkin
  • October 2009
  • Supplement

Merger of Equals: The Integration of Mellon Financial and The Bank of New York (C)

By: Ryan D. Taliaferro, Clayton S. Rose and David Lane
[Continuation of "A" and "B" cases.] Less than a month after the close of the merger between The Bank of New York and Mellon Financial, managers at the two firms realized that plans for combining their asset servicing businesses – and realizing the $180 million of... View Details
Keywords: Mergers and Acquisitions; Horizontal Integration; Financial Institutions; Business Processes; Risk Management; Strategy; Market Transactions; Assets; System; Saving; Banking Industry; New York (state, US)
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Taliaferro, Ryan D., Clayton S. Rose, and David Lane. "Merger of Equals: The Integration of Mellon Financial and The Bank of New York (C)." Harvard Business School Supplement 210-028, October 2009.
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