3Becker, G. and K. of Labor, Coordination Murphy, The Division Costs, and Knowledge. Quarterly Journal of Economics, 1992, Vol. 25 No. 3, pp. 336-364.
4Bank of Montreal (BMO), High Frequency Trading: A Closer Look. BMO Capital Markets: Quantitative Execution Service, 2009, Aug 13.
5Breen, Denis A., The Potential for Tax Gain as a Merger Motive: A Survey of Current Knowledge and Research Opportunities, Wash- ington, D.C.: Bureau of ~conomics, FederalTrade Commission, 1987.
6Brouthers, Keith D., Paul van Hastenburg and Joran van den Ven, If Most Mergers Fail Why Are They so Popular? Long Range Planning, 1998, Vol. 31, No. 3, pp. 347-353.
7Bruner, Robert F., Does M&A Pay? A Sur- vey of Evidence for the Decision-Maker, Jour- nal of Applied Finance, 2002, Vol. 12, No. i, pp. 48-69.
8Chen, Ping, Origin of Division of Labor and a Stochastic Mechanism of Differentiabili- ty. European Journal of Operation Research, 1987, vol.30, pp. 246-250.
9Farschtschian, Farsam, The Reality of M&A Governance: Transforming Board Practice for Success. New York: Springer, 2012.
10Hanson, Robert C., Tender Offers and Free Cash Flow. The Financia7 Review, 1992, Voi.27, No.2, pp. 185-209.