February 1, 1985
In spite of a second-half slowdown, both the number of mergers reported and the total value of such acquisitions increased last year, W. T. Grimm & Co. said. The merger consultant and publisher said acquisitions totaled 2,543 in 1984, up slightly from 2,533 in 1983. This was the highest annual count since 1974, when 2,861 deals were recorded. Grimm said megadeals in the oil and gas industry early in 1984 spread to other industries.
July 14, 1987
Corporations this year are paying more and getting less when they buy each other out, according to a report by the research firm of W. T. Grimm & Co. The number of mergers and acquisitions tumbled in the first six months of 1987, but the total dollar value continued to rise. Major deals boosted the 1987 price tag to a near-record level, with 17 mergers valued at more than $1 billion, compared to 10 the year before.
August 25, 1985 |
Companies headquartered in California continued to be most popular acquisition targets in the nation in 1984, according to W. T. Grimm & Co. It was the third straight year that California has led the annual survey, according to Grimm, a well-known Chicago consulting firm that specializes in mergers and acquisitions. Grimm's latest results show that 263 California-based firms were sold last year, more than double the 130 sold in 1982 and 26% higher than the 208 sold in 1983.
September 27, 1988 |
A wave of billion-dollar buyouts in the first half of the year swept corporate mergers to a record level, the research firm W. T. Grimm & Co. said Monday. The total value of acquisitions in the first six months of 1988 was the highest ever for a six-month period, at $129.4 billion, said Grimm, a subsidiary of Merrill Lynch & Co. The merger-tracking firm said the next highest total was reached in 1985's first half, when $100 billion worth of deals were made.
July 3, 1990 |
Leveraged buyout specialist Forstmann Little & Co. has agreed to acquire General Instrument, a cable television equipment manufacturer that owns San Diego-based VideoCipher, in a deal valued at $1.6 billion, the two companies announced Monday. The deal is not the largest leveraged buyout announced so far this year--that honor belongs to the proposed $4.4-billion employee buyout of UAL Corp., parent of United Airlines.