Year of Graduation
The Estimation of Efficiency of Mergers and Acquisitions and Divestitures
Financial Markets and Financial Institutions
The aim of this study is to estimate and compare the efficiency of M&A and Divestitures. The study analyzes 72 M&A deals and 183 Divestitures occurred in 2011. The results showed that Divestitures had more impact on financial performance of the company than M&A deals.