Which of the following is true of the fourth wave of mergers from 1981 to 1989?
A)It was characterized as a period of congeneric mergers and hostile takeovers the mergers of very large companies.
B)It reflected the globalization of businesses.
C)It was characterized by private equity groups buying up companies for purely financial reasons.
D)It was characterized by conglomerate mergers.

Question

Quizplus · Accepted Answer

The fourth wave of mergers from 1981 to 1989 was characterized by congeneric mergers and hostile takeovers of very large companies. Conglomerate mergers were more prevalent in the third wave of mergers from 1965 to 1980. The globalization of businesses did not become a major trend until the fifth wave of mergers starting in the 1990s. Private equity groups did play a role in the fourth wave, but it was not the dominant characteristic.

Which of the Following Is True of the Fourth Wave