ACLE Seminar with Yossi Spiegel (Coller School of Management - Tel Aviv University). Amsterdam Business School, REC M3.02. Title "Partial Vertical Integration, Ownership Structure and Foreclosure".
We study the incentive to acquire a partial stake in a vertically related fi
rm and then foreclose
rivals. We show that whether such partial acquisitions are pro table depends crucially on the
initial ownership structure of the target rm and on corporate governance.
*Coauthored by Nadav Levy (IDC Herzlya) and David Gilo (Tel Aviv University)