Us Utility Mergers And The Restructuring Of The New Global Power Industry
Download and Read Us Utility Mergers And The Restructuring Of The New Global Power Industry full books in PDF, ePUB, and Kindle. Read online free Us Utility Mergers And The Restructuring Of The New Global Power Industry ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
U.S. Utility Mergers and the Restructuring of the New Global Power Industry
Author | : Edward B. Flowers |
Publisher | : Praeger |
Total Pages | : 0 |
Release | : 1998-05-30 |
Genre | : Business & Economics |
ISBN | : 1567201636 |
Download U.S. Utility Mergers and the Restructuring of the New Global Power Industry Book in PDF, Epub and Kindle
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.
U.S. Utility Mergers and the Restructuring of the New Global Power Industry Related Books
Pages: 0
Pages: 576
Pages: 0
Pages: 527
Pages: 36