Thursday, 26 September 2013

Economy News Headlines - Yahoo! News: M&A flat so far this year, even with mammoth Verizon deal

Economy News Headlines - Yahoo! News
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M&A flat so far this year, even with mammoth Verizon deal
Sep 26th 2013, 23:05

Men are silhouetted against a video screen with Vodafone and Verizon texts as they pose with Blackberry Q10 and Samsung Galaxy S3 in this photo illustration taken in the central Bosnian town of ZenicaBy Michael Erman and Soyoung Kim NEW YORK (Reuters) - Dealmaking around the world was basically flat over the first nine months of the year, a disappointing level given the $130 billion Verizon Communications Inc transaction that bolstered mergers and acquisition volumes in the third quarter. With ongoing uncertainty about economic recoveries around the globe, the specter of rising interest rates as well as increasingly activist investors clamoring for a return of capital to shareholders, top investment bankers and lawyers do not expect a significant pickup in deal activity soon. ...


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