Mar
31
Despite Wall St. Wavering, Merger Market Is Largely Intact
ByBy many measures, the markets should have made for a fairly weak quarter in deal making.
Stocks wavered, making it difficult for buyers and sellers in the merger market to agree on a price. Declines in oil and natural gas left energy acquisitions relatively dormant. Financing, especially for more-troubled companies, was virtually shut down.
And yet, somehow the numbers came out all right…