May 1985
FE: The Magazine for Financial Executives;May1985, Vol. 1 Issue 5, p25
Trade Publication
The article evaluates the effects of mergers and takeovers of corporations on the long-term growth of business enterprises in the United States. The annual report of the President's Council of Economic Advisers (CEA) indicates toward an overwhelming evidence that successful takeovers substantially increase the wealth of shareholders in target companies. Citing the CEA position, the New York Times concludes that the burden of proving that any takeover is undesirable, should rest on those who would deny stockholders this profit.


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