The U.S. Merger waves and the driving force behind each. Concept Introduction : Merger Wave refers to a sequence of two or more time periods in which probability of a merger occurring is above the unconditional expected probability of a merger.

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Chapter 15, Problem 6P

To determine

The U.S. Merger waves and the driving force behind each.

Concept Introduction:

Merger Wave refers to a sequence of two or more time periods in which probability of a merger occurring is above the unconditional expected probability of a merger.

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