The Liquidation/merger Alternative

Peel (financial management, Cardiff University, UK) provides a theory on why specific companies that appear on the brink of corporate collapse are taken over rather than entering into receivership or liquidation. The book will be of interest to students of financial management and to entrepreneurs faced with merger decisions. The book was originally published in 1990 by Avebury. Annotation (c) Book News, Inc., Portland, OR (booknews.com)