1. A Lucrative Thing Happened on the Way to Wall St.
- Author
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GRIFFITH, ERIN and PHILLIPS, MATT
- Subjects
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MERGERS & acquisitions , *COMPUTER software industry , *STOCK exchanges , *BUSINESS size , *SMALL business , *ECONOMIC competition - Abstract
The article reports that just before Qualtrics was set to go public, enterprise software company SAP has agreed to acquire the survey and research software firm for 8 billion U.S. dollars in cash. Topics covered include impact of the last-minute deal on the U.S. stock markets, effect of the buyout of early-stage companies by large, dominant firms on the U.S. economy and competition, and way by which the ability of large, cash-rich firms to acquire small businesses affects the corporate sector.
- Published
- 2018