Author(s): John Weir Close
Publisher: Palgrave Macmillan Trade
Publish date: 2013-10-15
ISBN-10: 0230341810
ISBN-13: 9780230341814
Language: English
Description: Modern mergers and acquisitions, or M&A as it's more commonly
known, is a new phenomenon. The buying and selling, the breaking up
and combining of companies—the essence of M&A—has been a part
of commerce throughout history, but only in our era has M&A
itself become a business. In 2007, before the recession hit, it was
a $4.4 trillion global enterprise. And yet, it remains largely
unexplored. Discrete stories have been pulled from the annals of
M&A, both true and fictionalized, that have become touchstones
for wealth and excess. Who can forget Gordon Gekko and his "Greed
is Good" speech? But while there have been a few iconic… more…
known, is a new phenomenon. The buying and selling, the breaking up
and combining of companies—the essence of M&A—has been a part
of commerce throughout history, but only in our era has M&A
itself become a business. In 2007, before the recession hit, it was
a $4.4 trillion global enterprise. And yet, it remains largely
unexplored. Discrete stories have been pulled from the annals of
M&A, both true and fictionalized, that have become touchstones
for wealth and excess. Who can forget Gordon Gekko and his "Greed
is Good" speech? But while there have been a few iconic… more…
Read Source: A Giant Cow-Tipping by Savages: The Boom, Bust, and Boom Culture of M&A (by John Weir Close)»