U.S. Utility Mergers and the Restructuring of the New Global Power Industry (Hardcover)

Language: English

Published by Bloomsbury Publishing Plc, Westport, 1998

1567201636 / 9781567201635

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Hardcover. Consume thy rival may be the new law of corporate survival in the U.S. utilities industry. This book describes close to $70 billion of global utility mergers stemming from the anticipated deregulation of the U.S. gas and electrical utilities industries. Occurring from 1995 to 1997, these mergers are completely restructuring U.S. power utilities. Thirty-seven billion dollars of these mergers, a full 53 percent, occurred abroad. About two-thirds of the foreign mergers were U.S. takeovers, while the remaining one-third was mergers, defensive and otherwise, of U.K. firms with other U.K. firms. This may be the first time U.S. industrial restructuring has generated more investment abroad rather than in domestic markets.Exploring the diversity of strategies and changes driving these mergers, the author concludes that although complex, the mergers can be explained by strategies traditionally used in domestic M&As. These very large U.S. utilities now consider themselves to be operating in a global industry of private, deregulated utilities, and they are determined to survive through mergers that help them cut costs, spread expenses, and increase profits. This book describes close to $70 billion of global utility mergers stemming from the anticipated deregulation of the U.S. gas and electrical utilities industries. Occurring from 1995 to 1997, these mergers are completely restructuring U.S. power utilities. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

Seller Inventory # 9781567201635

Title
U.S. Utility Mergers and the Restructuring of the New Global Power Industry (Hardcover)
Author
Edward B. Flowers
Publisher
Bloomsbury Publishing Plc, Westport
Publication year
1998
Condition
new
Binding
Hardcover
Language
English
ISBN 10
1567201636
ISBN 13
9781567201635

CitiRetail

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