Document Type

Master's Culminating Experience

Publication Date



This report analyzes the effects of merger and acquisition activity on urban hierarchy. This paper shows that firms from larger metropolitan areas are more often the predator in a merger and acquisition transaction. The larger the metropolitan area the stronger these tendencies. The analytical tool of logistic regression is used to calculate the log likelihoods and odds ratios. The paper concludes with an examination of the possible adverse complications resulting from the M&A trend.