The Yanks Are Coming To Buy Foreign CompaniesGene Koretz
A marked role reversal took place in international acquisition activity involving American companies last year. According to Merrill Lynch Business Brokerage and Valuation division, which keeps tabs on merger activity, U.S. companies flexed their financial muscles by announcing a record 403 foreign acquisitions valued at $1 million or more, up 66% from 1991.
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