Merger mania: It's back “Mergers Return, in '90s Shadow” according to a story in the June 23 Wall Street Journal. The story goes on to say that the rate of mergers and acquisitions is on the uptick, after a slowdown due to the crash of a few years ago. Of course, the slowdown in mergers… Continue reading
Merger mania: It's back
“Mergers Return, in '90s Shadow” according to a story in the June 23 Wall Street Journal. The story goes on to say that the rate of mergers and acquisitions is on the uptick, after a slowdown due to the crash of a few years ago.
Of course, the slowdown in mergers was relative. Several key mergers have gone through in the past few years, but they can't compare to the frenzy of the late 1990s. The big difference, the article points out, as that companies are now taking their time, going due diligence in depth, after so many deal went sour. Also the article states that the risks are being limited, with fewer supoer big deals.
The article then lists a number of newly announced mergers, including:
- General Dynamic buying Veridian for $1.2 billion, covered here