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本世纪初,两个或多个主体合并成为一个更大的主体已经被当作一项平常的商业行为,商业合并已经与经常性的商业行为相关联,最多的合并行为时间是在十九世纪九十年代、本世纪二十年代,本世纪六十年代最为频繁,开始的两个年代,以规模大、占支配统治地位特殊行为间兼并为主要特征,与早期不同的是,二十世纪六十年代的合并通常建立在把资金投在不同的公司,从而达到在不相关行业投资而降低风险,二十世纪七十年代的主要标志是合并数量迅速下降,衰退、通货膨胀的出现,使通过兼并来发展的可能性降低,然而,到了八十年代初期,合并风潮又起,也许因为增长的财政力量和多样化经营被视为解决公司近年来面临的不公平问题的一种方法.
At the beginning of this century, the merger of two or more subjects into a larger subject has been treated as a normal business activity, and business mergers have been associated with recurrent business practices, with the largest number of merging times being in the nineteenth century In the 1990s, in the 1920s and 1960s, the two most frequent and beginning chapters were mainly characterized by large-scale mergers and dominance of special acts. Unlike the early one, the twentieth century The merger of the decade was generally based on the investment of funds in different companies in order to reduce the risk of investment in unrelated industries. The main signs of the 1970s were the rapid decline in the number of mergers, the recession and the rise of inflation, However, by the early 1980s, the wave of mergers was on the rise again, perhaps as a way of addressing the inequities the company faced in recent years because of increased fiscal power and diversification.