Daily News: September 27, 2013

Reuters: M&A Flat So Far in 2013

Reuters reported that global dealmaking was essentially flat over the first nine months of the year, even with the $130 billion Verizon Communications transaction that bolstered Q3 M&A volumes.

Reuters said further that ongoing uncertainty about global economic recoveries, the possibility of rising interest rates as well as “increasingly activist
investors clamoring for a return of capital to shareholders,” means top investment bankers and lawyers don’t expect a significant pickup in deal activity soon.

To read the Reuters entire article, click here.