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Deck: 
Is there a better way to increase shareholder wealth?
Fortnightly Magazine - March 15 2001
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Benchmarks



 

Is there a better way to increase shareholder wealth?


Mergers and acquisitions (M&As) have roiled the U.S. utility industry in recent years as corporate leaders have responded to dramatic changes in their industry by combining with their peer companies. Between 1996 and 2000, U.S. utilities announced over $400 billion worth of transactions involving domestic companies alone, according to research from E Source. This figure, while staggering, does not include transactions between a U.S. utility and an overseas utility; those deals exceeded $75 billion in value during the same five-year period.

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