This fascinating chronicle analyzes the frenetic merger and takeover activity of the 1980s, indicating why it happened and what the effect has been on American industry and finance.
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Book Description
Editorial Reviews
From Publishers Weekly
Smith reviews the buyout of RJR-Nabisco, the hostile raids on Polaroid and Time-Warner, and the bust-up of the Beatrice conglomerate as he contends that merger waves and bull markets tend to go together. PW called this "a challenging book that punctures many widely held assumptions about the mergers and acquisitions process."
Copyright 1991 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
Copyright 1991 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
From Library Journal
The 1980s were dominated by a new breed of capitalist and complex financial deals. Smith, author of The Global Bankers ( LJ 9/1/89), puts this activity into perspective in this comprehensive discussion of the principles and tactics of the major mergers and acquisitions of the 1980s. Smith defends these "money wars" as helpful to the economy and not just actions of greed. It is difficult to find a niche for this volume as it will be a rehash for those familiar with the stories, but it is also too complex for the uninitiated. Libraries desiring broad holdings in business and finance may want to purchase.
- Richard C. Schiming, Mankato State Univ., Minn.
Copyright 1990 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
- Richard C. Schiming, Mankato State Univ., Minn.
Copyright 1990 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
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