Explain how the weak stock market of the late 1970s served as an impetus to the merger

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Explain how the weak stock market of the late 1970s served as an impetus to the merger wave of the late 1970s and 1980s. Did this happen again in the wake of the 2008---09 financial recession?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Question Posted: Sep 17, 2018 11:30 AM

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Explain how the weak stock market of the late 1970s served as an impetus to the merger

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Low stock prices made potential acquisitions appear to be attractively price...View the full answer

Foundations of Financial Management

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