A study about the value generation of mergers in Colombia is conducted over the 1997-1999 period, wich presented the higthest numbers of mergers. In order to aisle several socioeconomic factors the analysis was made over a sample of mergered companies compared with a pair sample of nomergered companies. A colombian database, Benchmark, was used mainly, and EVA was the variable studied to compare mergered an no-mergered companies using a regression model in Excel.
