The Money Wars: The Rise and Fall of the Great Buyout Boom of the 1980's

Smith reviews the buyout of RJR-Nabisco, the hostile raids on Polaroid and Time-Warner, and the bust-up of the Beatrice conglomerate as he contends that merger waves and bull markets tend to go together. PW called this ``a challenging book that punctures many widely held assumptions about the mergers and acquisitions process.'' (Nov.)