CRA assisted counsel for Fresenius in responding to a government investigation of the business rationale and valuation of the sale of interests in dialysis clinics. The team was led by Tim Snail, Professor Mark Zmijewski, and Keith Bockus and included George Minkovsky, Pavel Nikolov, Carlos Penikis, Caitlin McCarthy, and Chris Dalla Riva.
Merger simulation in second-score auctions: A nested logit model
In a recent Economics Letters article, CRA’s Martino De Stefano and Serge Moresi show how to improve the second-score auction model that is often used to...