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Journal Article A Theory of Conglomerate Mergers: Comment and Extension Get access Dennis E. Logue, Dennis E. Logue Cornell University Search for other works by this author on: Oxford Academic Google Scholar Philippe A. Naert Philippe A. Naert Massachusetts Institute of Technology Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 84, Issue 4, November 1970, Pages 663–667, https://doi.org/10.2307/1880847 Published: 01 November 1970
Logue et al. (Sun,) studied this question.