1. How might changes in regulation alter the efficiencies discussed in the first two questions? 2. How might restructuring allow firms to respond to the alteration in efficiencies brought about by...

1. How might changes in regulation alter the efficiencies discussed in the first two questions? 2. How might restructuring allow firms to respond to the alteration in efficiencies brought about by deregulation? 3. How are event studies used to determine the wealth effects of restructuring and corporate divestitures? Are asset sales, equity carve-outs, and spin-offs positive NPV projects?