Takeovers of unionized firms result in higher shareholder return compared with takeovers of nonunion employers.

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Studies have shown that takeovers of unionized firms result in higher shareholder return compared with takeovers of nonunion employers. This is because the new owners can often negotiate better terms with the union and take advantage of the existing workforce's skills and experience to improve productivity and profitability. Additionally, unions can serve as a check on management and help to ensure that the company is run more efficiently and in the best interests of all stakeholders, including shareholders.

Takeovers of Unionized Firms Result in Higher Shareholder Return Compared