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Mergers and Acquisitions in the U.S. Banking Industry: Evidence from the Capital Markets

Published 1 March 1991
Gabriel Hawawini, Itzhak Swary
Citations112

Abstract

Introduction: Overview and Review. Why do Firms Merge: Alternative Hypotheses of Bank Mergers. Data and Methodology. Bank Failures, Diversification and the Prohibition of Interstate Banking. Capital Market Reaction to the Announcements of Bank Mergers and the Subsequent Release of Federal Reserve Decisions. Explaining Capital Market Reaction to Merger Announcements. Capital Market Reaction to the Announcement of Interstate Banking Legislation: The Cases of Texas, Arizona and Virginia. Concluding Remarks. References. Index of Subjects. Index of Names.

Keywords

Economics, Econometrics and FinanceBusiness, Management and Accounting