Updates
MERGERS & ACQUISITIONS – A BUSINESS STRATEGY (10.02.2012)
In 2008, Economic Slowdown witnessed its presence by various indicators like High Oil Prices, High Food Prices and a substantial credit crisis leading to the drastic bankruptcy of large and well-established investment and commercial banks. The marking of the economic crisis was with the large and established investment and commercial banks falling into money crunch. It started with the Bailing of the Bear Stearns with $29 billion non recourse treasury bill debt assets, next in the queue was the call for $32 billion bailout for Indy MAC Bank, The Lehman Brother Bankruptcy, Bank of America agreed to purchase Merrill Lynch, $85 billion rescue package for AIG by Federal Reserve and many more.
