Support through your toughest HR challenges: A network of 285,000 HR professionals.
Shawn Premer shows how doing the right thing for employees leads to positive business results.
Is your employee handbook keeping up with the changing world of work? With SHRM's Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Build competencies, establish credibility and advance your career—while earning PDCs—at SHRM Seminars in 12 cities across the U.S. this spring.
#SHRM18 will expand your perspective – on your organization, on your career, and on the way you approach HR. Join us in Chicago June 17-20, 2018
Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organization’s culture, industry, and practices. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRM’s permission. To request permission for specific items, click on the “reuse permissions” button on the page where you find the item.
U.S. companies conducted $528 billion in mergers and acquisitions (M&As) last year, a 13 percent jump from 2002, according to FactSet Mergerstat LLC, a global mergers and acquisitions research firm in Santa Monica, Calif. That growth marked the first year-over-year upturn since 2000.
Among the top megadeals were:
Bank of America’s $47.8 billion agreement to buy FleetBoston Financial Corp.
The St. Paul Cos. Inc. acquisition of Travelers Property Casualty Corp. for $16 billion.
But it wasn’t just the titans that spurred M&A escalation. Deals worth $50 million to $90 million chalked up a 12 percent hike in 2003 over 2002, according to FactSet Mergerstat data.
The boom is likely to continue this year. A survey conducted in December 2003 by Thomson Financial in New York and the Association for Corporate Growth in Glenview, Ill., found that 85 percent of 1,301 business executives from companies of all sizes—those with annual revenues of less than $5 million to those with revenues of $500 million or more—think the M&A environment will improve this year, and 90 percent of those polled expect the number of deals to rise.
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Please sign in as a SHRM member before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
SHRM Member Discounts Program
SHRM’s HR Vendor Directory contains over 3,200 companies