1.

Record Nr.

UNINA9910458632403321

Titolo

Mergers and acquisitions [[electronic resource] /] / edited by Alan J. Auerbach

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 1988

ISBN

1-281-43129-X

9786611431297

0-226-03217-5

Descrizione fisica

1 online resource (124 p.)

Collana

National Bureau of Economic Research project report

Altri autori (Persone)

AuerbachAlan J

Disciplina

338.830973

658.1/6

658.16

Soggetti

Consolidation and merger of corporations

Junk bonds

Consolidation and merger of corporations - Taxation

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographies and index.

Nota di contenuto

Front matter -- National Bureau of Economic Research -- Relation of the Directors to the Work and Publications of the National Bureau of Economic Research -- Contents -- Acknowledgments -- Introduction -- 1. The Growth of the "Junk" Bond Market and Its Role in Financing Takeovers -- 2. Mergers and Acquisitions in the U.S. Economy: An Aggregate and Historical Overview -- 3. An Overview of Takeover Defenses -- 4. The Impact of Taxation on Mergers and Acquisitions -- 5. Management Buyouts as a Response to Market Pressure -- Contributors -- Index

Sommario/riassunto

Do mergers lead to financial instability? How are shareholders' interests best served? How significant a role do taxes play? What are the implications for the structure and concentration of industry? Mergers and Acquisitions, prepared in an nontechnical format, answers these and other questions that have arisen from the takeover boom that began in the mid-1980s. "A significant piece of scholarship."-Peter Fuhrman, Forbes "Accessible to interested laypersons and policy



makers. . . . [A] thoroughly readable and informative book."-Gregg A. Jarrell, Journal of Economic Literature