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企业交易者应吸取以往并购浪潮的教训人们尚未完全理解企业并购何以会一波接一波地出现。诚然企业的命运总是受经济兴衰的影响,但并不足以解释并购活动出现如此明显的波峰和波谷。然而,事实确实如此。美国历史上已出现过至少5次并购浪潮,第一次发生在1920年代,最终以“大萧条”而告结束。随后的4次,分别出现在1960年代,以及1980年代至2000年代,几乎十年一次。如今,一些专家表示,强劲的第六次浪潮正在形成。
Corporate Traders Should Draw Lessons from Previous M & A Taps It’s not yet fully understood why mergers and acquisitions are taking place one after another. It is true that the fate of the business is always affected by the economic rise and fall, but not enough to explain the mergers and acquisitions so obvious peaks and troughs. However, the fact is true. There have been at least 5 wave of mergers and acquisitions in the history of the United States. The first wave occurred in the 1920s and ended in “the Great Depression.” The next four were in the 1960s and the 1980s and the 2000s, respectively, almost once in ten years. Now, some experts say a strong sixth wave is taking shape.