Abstract
Mergers played a significant role in the structural development of the electric utility industry in the USA between 1880 and 1932. Abuses that occurred during that period have caused regulators to take a cautious and skeptical view of proposed mergers ever since. Based on a study of several mergers that have taken place between 1985 and 1992, this paper suggests significant potential for mergers to improve performance in the electric utility industry. Operating and financial synergies can occur without the historical abuses if regulators now allow and encourage consolidations.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
