Since the emergence of the App Store in the late 2000s, there have been millions of apps published on both the Apple App ...

We develop a search-based theory of mergers and acquisitions with heterogeneous firms and endogenous search complementarities. We use this model to understand how merger incentives and the firm size ...

American Water Works is a high-quality, A-rated water utility with a strong history but faces valuation and CapEx headwinds. AWK's announced merger with Essential Utilities is strategically logical ...

Many mergers claim to be “transformative,” but history shows that most destroy shareholder value — often benefiting executives and bankers more than investors. Three recent deals illustrate differing ...

When it comes to mergers and acquisitions (M&A), 2025 has seen the most activity and some of the strongest returns since the post-pandemic period when dealmaking soared. Deal flow is a key driver of ...