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Resource Redeployment Following Horizontal Mergers and Acquisitions in Europe and the United States, 1988-1992

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Author Info
Capron, L.
Dussauge, P.
Mitchell, W.
Abstract

This paper studies redeployment of resources between target and acquiring businesses following horizontal acquisitions. The analysis draws from perspectives that emphasize the strategic importance of resources that are subject to market failure. We define a five-part typology of R&D, manufacturing, marketing, managerial, and financial resources. We show that targets and acquirers frequently redeploy resources following horizontal acquisitions, especially resources that frequently face market failure.

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Publisher Info
Paper provided by INSEAD, Centre for the Management of Environmental Resources. The European Institute of Business Administration. in its series INSEAD with number 97/68.

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Length: 39 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:insead:97/68

Contact details of provider:
Postal: INSEAD, Centre for the Management of Environmental Resources. The uropean Institute of Business Administration. Boulevard de Constance, 77305 Fontainebleau Cedex, France.
Web page: http://www.insead.edu/
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Related research
Keywords: ACQUISITIONS ; MERGERS;

Find related papers by JEL classification:
G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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This page was last updated on 2009-12-16.


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