This period 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 decade of hostile takeovers and corporate raiders. Many conglomerates were purchased by aggressive acquirers who then sold off the individual business units for a profit. This era saw the rise of famous corporate raiders like Carl Icahn and T. Boone Pickens.

This Period Is Known for Hostile,"bust-Up" Takeovers,in Which the Acquirer