EMPIRICAL EVIDENCE ON THE MOTIVES FOR MERGERS AND ACQUISITIONS IN EIGHT FOOD INDUSTRIES

Abstract

This paper investigates the motives for mergers and acquisitions in eight U.S. food products industries from1977-92. Results show that acquired plants were highly productive before mergers and realized an increase in productivity growth in the post-merger period.Food product industries, mergers and acquisitions, labor productivity., Agribusiness,