lecture17_312_MergerMovement_SP11_overheads

lecture17_312_MergerMovement_SP11_overheads - Lecture#16...

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Lecture #16 March 30, 2011 Merger Movement
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Between 1895 and 1905, there was a rapid consolidation on American business. This is called the “great merger movement.” There have been other waves since then, but this was the first. As we talked about on Monday, many of the new businesses were incorporated in New Jersey:
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Many of the new firms were very large. Large in absolute terms but also large in terms of the markets for the products the firms produced. Some of the firms created during the merge boom are still around today.
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