Exact(2)
Yet many of the bankers and lawyers who piece these mergers together, well versed in reading economic tea leaves for signs of an industry's health, caution that deal-making is likely to rise only in fits and starts for now.
Erik Gordon, a professor of business and law at the University of Michigan, said the lawsuits suggested that the Justice Department looked at the two mergers together in the context of the whole industry, instead of more specific markets, making it harder to justify both deals.
Similar(56)
We put a five-company merger together.
Hewlett family members had already dismissed the merger; together they own 18% of the company.
It was, says Mr McGuirk, good for them.In gluing the merger together, it helped that Mr Turner had become not just vice-president of the merged group, but its largest individual shareholder.
"The average person thinks that when you put a merger together it eliminates one competitor, but in this case it's basically eliminating a brand name, not a competitor," said Michael Boyd, an airline consultant with Boyd Group International.
Hardly a week goes by without a new share-trading system being launched, or one exchange proposing to marry another.Last month, the London Stock Exchange and Deutsche Börse announced a merger, together with a joint venture with America's Nasdaq, now the second-biggest stockmarket in the world.
They became preoccupied with analogue-world mergers, putting together huge companies with a finger in every entertainment pie.
Others have made "strategic mergers," grouping together in the same or related fields, where "core competencies" are the same.
Sun and Lowe said on Sept. 11 that they would part ways because of what they described as a conflict arising last year after the merger that created Lowe Lintas; the merger brought together under one roof the accounts of Sun and a competitor, the Dell Computer Corporation.
"This merger brings together some of the world's finest mining, metals and energy assets," he said.
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