De Gomez, C. A. G., Byrne, R., O’Connell, S., & Yasenovets, I. (2022). Strategic M&A in US Banking: Creating Value in Uncertain Times. McKinsey & Company.
https://www.mckinsey.com/industries/financial-services/our-insights/strategic-m-and-a-in-us-banking-creating-value-in-uncertain-times

has been cited by the following article:

• TITLE: Do Mergers and Acquisitions Increase Market Share and Financial Performance: Evidence from Two Deals in the US Banking Industry

  AUTHORS: Quang Nguyen Tran

  KEYWORDS: Mergers and Acquisitions, Financing, Market Share, Financial Performance, Abnormal Return

  JOURNAL NAME: Open Journal of Business and Management, Vol.11 No.2, March 22, 2023

  ABSTRACT: How does the difference in financing influence the M&As’ effects on businesses in the banking industry? Case study method is applied to evaluate two deals, which are BB&T & SunTrust and KeyCorp & First Niagara Financial Group (one all-equity financed and one cash & equity financed). It is concluded that 1) the activity does increase market share, financial performance, and shareholders’ abnormal return; 2) financing does affect the impacts of M&As, as deals paid by cash & equity have a more remarkable improvement in financial performance and shareholders’ return after M&A.