Build, Borrow, Buy … or Bail: Divestiture Following Merger and Acquisition Deal Termination

The authors thank Senior Editor Evan Rawley and anonymous reviewers for their constructive comments and guidance throughout the review process. We thank Brendan O’Leary for a practitioner’s insight on the theoretical core of the paper. We also thank our colleagues and the participants of the Academy of Management Annual Meeting, Strategic Management Society Annual Conference, and the Wharton Corporate Strategy and Innovation Conference for their helpful feedback on earlier versions of this manuscript. Any remaining errors are our own.