Waiting for a Wave

The Economist, August 28, 2010

New York

“A flurry of deals makes bankers salivate”

Investment bankers are delighted.  This (fiscal) quarter will probably see more mergers and acquisitions (M&A) than any since the crash.  Is a new merger wave widely predicted in the past year, finally breaking?

Surfers wait for a wave.  Investment bankers wait for deals, a wave of mergers between businesses on the horizon.

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