Indeed, in the takeover mania that is sweeping Wall Street, junk bonds are providing relatively more stability than the fixed-income obligations of the highest-rated industrial companies.
This provision "would certainly reduce the takeover mania," Mr. Proxmire said, "particularly the hostile takeover mania."
FOR Wall Street, 1987 could prove a particularly tough year as investment bankers grapple with the consequences of takeover mania and of their headlong rush into the international arena.
He decided that Consolidated should take the same step because the takeover mania from the 1980's had long passed.
The Boesky scandal almost immediately touched off howls of concern about takeover mania and insider trading.
Sentiment that takeover mania would spread throughout the military sector was reflected in prices of other medium-sized contractors.
Rumors were picked up by the statewide press in a series of articles about the takeover mania.
Our markets suffer from takeover mania, whether the target companies are well or poorly managed.
The broader lesson we're supposed to learn, then, is that it was precisely the takeover mania of the 1980s that created the lean, efficient profit machines of the 1990s.
Foremost among these is the perception that the takeover mania, which has fed much of the rise in the stock market for several years, appears to be cooling.