Introduction Today, Mergers and acquisitions are very commonly to be happened between immense cooperation. Why mergers and acquisitions happen and what determines a success merger has been actual by lots of economists and financial analysts. This research is of importly point on searching the main determinants of mergers and acquisitions activities based on logit model. This paper maintains five parts. First part will inclose the sextet main merger fluctuates in the history (based on US) and abstract possible reason of them. Second part will introduce some theory I will use in my analysis. Third part will be my model and history of why I use this model. Forth part will be the introduction of my data. Last part will be data analysis and possible problem of my data. Background (Based on US) The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that lowlife aid, finance, or help a growing company in a given industry grow rapidly without having to clear another business entity.(Wikipedia) There are six main merger thrills in the history of US. First wave happened from 1889-1904. This wave is called horizontal mergers.
The main purpose of this wave is that Brobdingnagianr companies were nerve-wracking to control small companies in the same industry. Therefore the large company can control the full-page market place or at least control large part of the whole market to earn monopoly profit or oligopoly profit. At that time, mergers happened generally in principal steel, telephone, oil, mining, railroad and other basic manufacturing and loony toons industry. In 1904 the US Supreme Court legislate just laws to stop this wave. In this wave the main determinant of mergers is the estimated market share of the company after merger. Second merger wave was between 1919 and 1929. This wave is called vertical mergers. The main purpose of these mergers is to... If you pauperization to get a full essay, order it on our website:
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