Business, 05.07.2019 17:20 TACOSDAILY

Suppose fiat recently entered into an agreement and plan of merger with case for $4.3 billion. prior to the merger, the market for four-wheel-drive tractors consisted of five firms. the market was highly concentrated, with a herfindahl-hirschman index of 3,055. case’s share of that market was 11 percent, while fiat comprised just 5 percent of the market. if approved, by how much would the postmerger herfindahl-hirschman index increase?

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Suppose fiat recently entered into an agreement and plan of merger with case for $4.3 billion. prior...

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