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Chapter Ch - Business Organization
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Table Group Ch416-439 - Mergers and Acquisitions
Contributor
Naomi R. Lamoreaux
Table Ch416-421 - Mergers in manufacturing and mining-entities, capitalization, and type: 1895-1930
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Ch416
Ch417
Ch418
Ch419
Ch420
Ch421
Firms that disappeared into consolidations or were acquired by larger firms
Percentage of mergers that were consolidations
Percentage of merger capital accounted for by consolidations
Entities
Capital
Including two-firm consolidations
Excluding two-firm consolidations
Including two-firm consolidations
Excluding two-firm consolidations
Row
Year
Number
Million dollars
Percent
Percent
Percent
Percent
1
1895
43
40.8
86.1
----
84.6
----
2
1896
26
24.7
84.6
----
89.1
----
3
1897
69
119.7
89.9
----
92.4
----
4
1898
303
650.6
93.1
----
94.6
----
5
1899
1,208
2,262.7
91.7
----
92.1
----
6
1900
340
442.4
89.9
----
88.1
----
7
1901
423
2,052.9
83.2
----
92.4
----
8
1902
379
910.8
70.7
----
76.2
----
9
1903
142
297.6
39.4
----
49.5
----
10
1904
79
110.5
45.6
----
28.1
----
11
1905
226
243.0
63.7
----
43.4
----
12
1906
128
377.8
35.9
----
57.1
----
13
1907
87
185.8
50.5
----
36.6
----
14
1908
50
187.6
72.0
----
89.8
----
15
1909
49
89.1
24.5
----
40.4
----
16
1910
142
257.0
52.8
----
44.8
----
17
1911
103
210.5
67.0
----
76.7
----
18
1912
82
322.4
45.1
----
58.5
----
19
1913
85
175.6
45.9
----
37.5
----
20
1914
39
159.6
48.7
----
38.2
----
21
1915
71
158.4
42.3
----
46.3
----
22
1916
117
470.0
38.5
----
44.9
----
23
1917
195
678.7
42.1
----
59.1
----
24
1918
71
254.2
9.9
----
21.3
----
25
1919
159
777.4
55.4
53.5
65.3
64.6
26
1920
163
809.4
36.9
35.1
63.5
63.3
27
1921
70
430.0
5.7
2.9
1.8
0.5
28
1922
122
501.8
31.7
27.6
16.7
15.3
29
1923
143
1,171.1
29.7
25.5
8.4
6.3
30
1924
149
466.0
40.3
35.6
45.4
36.5
31
1925
257
720.7
49.3
43.9
26.2
17.6
32
1926
265
1,135.0
50.0
47.7
25.6
23.8
33
1927
306
727.4
55.4
49.5
55.0
47.2
34
1928
507
1,653.2
49.7
46.0
32.1
28.6
35
1929
587
1,993.3
25.3
22.1
35.3
30.9
36
1930
281
1,756.8
14.2
10.6
27.8
26.1
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