The period of the ________ is known for hostile, "bust-up" takeovers, in which the acquirer purchased a poorly performing conglomerate and sold off its individual business units for more than the purchase price.
A) 1960s
B) 1970s
C) 1980s
D) 1990s

Question

Quizplus · Accepted Answer

The 1980s is known as the era of hostile takeovers and corporate raiders. This period saw a trend of purchasing poorly performing conglomerates, breaking them up, and selling off their individual business units for a profit. This period was marked by notable takeovers such as the acquisition of RJR Nabisco by Kohlberg Kravis Roberts in 1988.

The Period of the ________ Is Known for Hostile, "Bust-Up