MERGERS AND ACQUISITIONS AND PRODUCTIVITY IN THE U.S. MEAT PRODUCTS INDUSTRIES: EVIDENCE FROM MICRODATA
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This paper investigates the motives for mergers and acquisitions in the U.S. meat products industry from 1977-92. Results show that acquired meat and poultry plants were highly productive before mergers, and that meat plants significantly improved productivity growth in the post-merger periods, but poultry plants did not.