Which of the following is not a characteristic of the merger wave that started in about 1981 and ended in 1989?
A)Mergers financed by the junk bonds
B)Congeneric mergers
C)Corporate raiders
D)Hostile takeovers

Question

Quizplus · Accepted Answer

Congeneric mergers were not a dominant characteristic of the merger wave that started in about 1981 and ended in 1989. Instead, conglomerate mergers, where companies from different industries merged, were more common during this period. The use of junk bonds, corporate raiders, and hostile takeovers were significant characteristics of this merger wave.

Which of the Following Is Not a Characteristic of the Merger