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But a wave of mergers instead reduced it.
NEVER mind the hoopla over the recent wave of mergers among oil giants.
WITH business increasingly global, each new wave of mergers is likely to mean more foreign takeovers.
THE wave of mergers in the technology industry, widely expected, may have finally begun.
In recent years, a wave of mergers seem to have reversed that break-up.
In the 1960s, American manufacturers went through a first wave of mergers.
But they may join the next wave of mergers and acquisitions in the Italian banking sector.
And yet that is what the last wave of mergers was supposed to achieve.
The profits of Japanese brokerage firms have plunged, forcing them into a wave of mergers.
I also wouldn't expect a wave of mergers among the regionals.
Another major change in the industry has been a wave of mergers of small companies.
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