Business History

Is this merger wave over?

Posted on Wednesday, 26 September 2007.

Regular readers of this blog will know how often I look for the historical parallels to current events.  It is therefore very heartening to see others do this as well.  Helen Thomas at FT Alphaville has been reporting on the disappearence of the M&A market in August and September (see her two most recent articles:  The [...]

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What Price Northern Rock?

Posted on Wednesday, 19 September 2007.

How low can it go?  That’s the question on the minds of many about the bid price for a buyer of Northern Rock.  Of course, bid prices can be negotiated upwards, but the initial bid does set a floor of sorts on the transaction.
Check out Interactive Investor and their commentary today by Richard Beddard on [...]

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M&A and the value of historical perspective

Posted on Saturday, 15 September 2007.

Thanks to Andrew F. and his comment here which mentioned the importance of looking back to the late 1990’s in trying to keep a calm perspective on the current turmoil in the market.  We have noted earlier on this blog the parallels between the arms races of the Cold War and how the merger markets [...]

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Merger Waves, Arms Races, and the Cold War

Posted on Sunday, 3 June 2007.

There were some e-mails asking more about the references to the various merger waves, and especially as to when this current merger wave will be over (as discussed in the post on Scenario Planning, two posts below this one).  To understand these merger waves, it is important to look back at history and also the parallels with the political [...]

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