24 Pages Posted: 12 Jun 2000
Date Written: May 2000
This article presents international evidence on takeover activity, and uses that evidence to argue that the current takeover wave can fairly be called the first-ever international merger wave, as much or more than it can be called the fifth U.S. merger wave. I also discuss the factors that contribute to the strength of the current takeover wave and why the takeover boom has engendered so little political concern.
Notes: This is a revision of a previously announced paper.
JEL Classification: G34
Suggested Citation: Suggested Citation
Black, Bernard S., The First International Merger Wave (and the Fifth and Last U.S. Wave) (May 2000). As published in University of Miami Law Review, Vol. 54, pp. 799-818, 2000. Available at SSRN: https://ssrn.com/abstract=231101 or http://dx.doi.org/10.2139/ssrn.231101