Analysts said that the announcement was bound to accelerate the merger frenzy in the drug industry.

Whatever happens, industry executives say the merger frenzy in European telecommunications still has a long way to go.

SBC had avoided much of the merger frenzy that took place in recent years.

But with merger frenzy in the corporate air, they haven't happened quite so rapidly as forecast.

In the merger frenzy of the dot-com era, the survival of many companies depended on keeping their share price high.

To be sure, the merger frenzy does signal a revolution in European business practices.

But they do not expect a merger frenzy.

The competition for deals recalls the merger frenzy of the 1980s.

With the merger frenzy expected to continue, so will the space shuffling.

And they agree that Europe's merger frenzy is unlikely to abate.