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A long preference for bank financing over stockmarkets is part of the story, and the difficulty of consolidation through cross-border takeovers probably has not helped.
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The lawlessness and the difficulty in controlling it, along with residential development just north of Philadelphia, led to the Act of Consolidation in 1854.
A round of consolidation followed.
Head of Consolidation and Financial Reporting Education Funding Agency.
Supporters of consolidation include Tom Hanks, Robert Redford, Helen Hunt and George Clooney.
A wave of consolidation began.
The dogma of consolidation made no sense.
In 1966, a period of consolidation began.
Already, outlines of consolidation are discernible.
Others had the idea of consolidation, too.
He was looking for "points of consolidation".
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