Sept. 28 - A long long time ago, in May of 2007 when the S&P was 46% higher, there were $461 billion in deals sitting on the 500’s table, including 13 private offers worth $255 billion.
Monday mornings were for merger announcements and target company prices to jump. But that was then. Since then profits, liquidity, sales, home prices, and stocks have all gone done, while unemployment, risk, uncertainty and fear have gone up. M&A, along with most of the IPO market went into hibernation. But now the environment is changing and there are signs of a thaw.
