Open AccessChanging Premerger Attributes: Acquirees Vs. Acquirers
Author(s) -
Robert K. Su,
Jong H. Kim
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v8i4.6127
Subject(s) - situated , business , sound (geography) , competitive advantage , industrial organization , marketing , computer science , acoustics , physics , artificial intelligence
This study presents evidence on the nature of the new merger wave. Specifically, this study examined a comprehensive profile of 335 pairs of merged industrial companies of the 80s. In general, big companies which were heavily leveraged and less liquid acquired small companies which were financially sound but not well managed or situated to survive in the intensely competitive market of the 80s.