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Article: So, who's buying whom, today???(acquisitions and mergers in the engine and equipment industry)
- Article from:
- Diesel Progress North American Edition
- Article date:
- April 1, 1997
- Author:
CopyrightCOPYRIGHT 1997 Diesel & Gas Turbine Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In the early 1900s, the head of the U.S. Patent Office suggested that the patent office be closed because pretty much everything that could or would be invented, had already been dreamed up.
Okay fine.
Some of that attitude was around the engine and equipment markets late last year and early this season. Yep, no big deals left in these markets. Everybody that wanted to buy somebody had pretty much already bought them. And after some of the megadeals the last few years, it seemed to make a little sense.
Okay fine.
Turns out it wasn't time for the merger, acquisition and joint venture crowd to close up shop quite yet.
While it ...