Daily News: June 30, 2014

Global M&A at 7-Year High

Reuters reported that investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years.

Reuters said further the dealmaking frenzy could last for several months absent geopolitical or economic shocks, with buyers looking to take advantage of strong stock prices, ample cash reserves and cheap available financing.

To read the entire Reuters article, click here.