Unformatted text preview: and acquisitions was the release of new accounting standards by the FASB. Possible acquisitions may have been postponed to conduct further research assuring these new standards would not hinder projected estimates of a merger. All in all, it seems mergers and acquisitions are directly related to the rise and fall of the stock market. Currently, with the US in a recession, and global markets shaky at best, businesses are biding their time waiting for their stock prices to increase enabling them to amass enough money to engage in a merger. “Increased stock valuation increases a firm’s ability to use its shares to acquire other companies and is often more appealing than issuing debt” (Jeter & Chaney, 2010, p. 1). REFERENCE Jeter, D., & Chaney, P. (2010). Advanced Accounting (4 th ed.). Hoboken, NJ: John Wiley & Sons, Inc....
View Full Document
This note was uploaded on 10/18/2011 for the course LITERATURE LIT 101 taught by Professor Stault during the Spring '11 term at Albany State University.
- Spring '11