Takeovers, Mergers, and the Regional Economy FROM THE PUBLISHER
The controversial bids for Distillers, Rowntree and Scottish & Newcastle in the 1980s sparked off public debate over the policy surrounding takeovers and mergers, and this challenging new study examines the profound implications such acquisitions may have on a regional economy. It shows that there are often systematic forces at work in the external takeover of (and by) regional companies and that the process itself has quantifiable effects on both the companies concerned and on regional growth and development as a whole. Using the Scotch whisky industry as a study, the book concludes that the policy issues involved are much wider than competition policy has thus far allowed for. It is a must for graduates and professionals alike.
FROM THE CRITICS
Booknews
Using the Scotch whisky industry as a case example, this important study shows that there are systematic forces at work in the external takeover of (and by) regional companies, that this process has quantifiable effects both for the companies concerned and for regional growth and development, and that there are policy issues arising from these effects which are much wider than those generally considered by competition policy. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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