Despite much research the evidence on mergers is confused because:
A)Reliable data is hard to find
B)Each merger is unique and there are many influences on both companies' profitability, even without any merger
C)Each merger is unique and it is hard to calculate profitability after a merger
D)Bankers' fees are confidential, and should be netted out

Question

Quizplus · Accepted Answer

Each merger is unique and there are many influences on both companies' profitability, even without any merger. There are a multitude of factors that influence a company's profitability before and after a merger, making it difficult to isolate the impact of the merger alone. Therefore, the evidence on mergers is often confusing and inconclusive.

Despite Much Research the Evidence on Mergers Is Confused Because