“In a signal that confidence — and perhaps a bit of executive swagger — may be returning to the business world, two large mergers were announced on Monday, adding to a flurry of deals in the last month.” (New York Times, Tuesday)
In a mixed economy it can be hard to know if mergers have a true economic justification.
FEE Timely Classic
“Corporate Mergers: Method or Madness?” by Sheldon Richman
