Corporate takeovers have become a prominent feature of global business. Merger and acquisition activity in the United States alone climbed from 32 billion in 1980 to 300 billion in 1988, an annual rate of increase of 32 percent. The individual size of these transactions has reached an alltime high. Any company, whatever its size, may be vulnerable as a target.
Managerial Finance – Emerald Publishing
Published: Jan 1, 1991