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

Edward B. Flowers




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 | #4949814 in Books |  Praeger |  1998-05-30 | Original language:English | PDF # 1 |  9.02 x.75 x5.98l,1.27 | File type: PDF | 272 pages

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||About the Author||EDWARD B. FLOWERS is Associate Professor in the Department of Economics and Finance at St. John's University's College of Business Administration. He is an attorney and former foreign affairs officer with the U.S. Treasury Department.

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 w...

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