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Tomaso Duso (DICE) A Decade of - - PowerPoint PPT Presentation
Tomaso Duso (DICE) A Decade of - - PowerPoint PPT Presentation
Tomaso Duso (DICE) A Decade of Ex-post Merger Policy Evaluations 9 Nov. 2012 | 2 Tomaso Duso (DICE) A Decade of Ex-post Merger
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.05 .1 .15 .2 Merger window 2004m1 2007m12 2005m1 2005m12 2006m8 2007m3
% discount= (RRP-ASP)/RRP
Best Seller
.02 .04 .06 .08 .1 (% discount over RRP) Merger window 2004m1 2007m12 2005m1 2005m12 2006m8 2007m3
% discount= (RRP-ASP)/RRP
Deep Range
.05 .1 .15 Merger window 2004m1 2007m12 2005m1 2005m12 2006m8 2007m3
% discount= (RRP-ASP)/RRP
Evergreen
.1 .2 .3 .4 .5 (% discount over RRP) Merger window 2004m1 2007m12 2005m1 2005m12 2006m8 2007m3
% discount= (RRP-ASP)/RRP
Top
Overlap Non overlap
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