A Tale of Two Mergers : What We Can Learn from Agricultural Biotechnology Event Studies

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This study employs event study analysis to examine two mergers and acquisitions (M&A) of publicly traded firms. The stock price effect of these combinations in the agricultural biotechnology industry indicates a market expectation of their profitability. The paper also discusses the broader context of agricultural biotechnology M&A activity in the 1990s, focusing on innovation and competition.

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.