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Overview
This is a reprint of a previously published work. It deals with the megamerger movement of the 1980s and the scandals that it produced.Synopsis
Through anecdotes and narrative, economics journalist Madrick traces the business mergers and financial speculation that arose in the early 1970s, finishing his work with a look at the fall of Ivan Boesky in the mid-1980s. He focuses on the executives behind particular corporate deals, examining how making deals gradually began to take over doing real business, leading to many questionable mergers with inflated values destined to lead to scandal. Annotation ©2004 Book News, Inc., Portland, OR