NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Winning by Losing: Evidence on the Long-Run Effects of Mergers

Ulrike Malmendier, Enrico Moretti, Florian S. Peters

NBER Working Paper No. 18024
Issued in April 2012

---- Acknowledgements -----

We thank seminar participants at Amsterdam, Chicago Booth, DePaul, LSE, MIT, NYU, Ohio State University, Princeton, Tinbergen Institute, Yale, and at the AFA and EFA for valuable comments. We thank Zach Liscow for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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