The takeover market is characterized by peaks of heavy activity followed by quiet troughs of few transactions.

Question

Quizplus · Accepted Answer

This statement is true. Takeover activity tends to occur in waves, with bursts of high activity followed by slower periods with fewer transactions. This pattern can be influenced by various factors, such as fluctuations in the economy, changes in regulations or market conditions, and the availability of financing for potential bidders.

The Takeover Market Is Characterized by Peaks of Heavy Activity