Question

This article investigates the motives for mergers and acquisitions (M&As) in the U.S. meat products industry from 1977 to 1992. Results show that acquired meat and poultry plants were very productive before mergers, and that all but the very largest meat slaughter and processing plants and all but the bottom 20% of the poultry slaughter and processing plants significantly improved their productivity growth in their postmerger periods. These results lead to the conclusion that synergies and related efficiencies are important motives for M&As.

(i need small paraphrase or summary for this abstract)

Answer 1

Merger improves the synergies and related efficiencies From the period 1977 to 1992,

From the data of US meat product industry during 1977 to 1992, the main motive for M&A is synergies and related efficiencies which is concluded from the result of improved productivity of larger as well smaller poultry slaughters and processing plants.