The take-over market for privately held companies: the US ... - JSTOR

tions involving privately held firms have occurred, while over 8,000 mergers and acquisi tions (M&A) have involved publicly traded targets, as shown in Figure 1.1 According to the Wall Street Journal, take-overs of privately held companies reached almost $80 billion in 1996, an all-time peak level representing an 84% rise from 1995, and the ... ................
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