Jun
30
On Wall Street, Cautious Optimism as Merger Deals Near Peak Level
ByShortly after the financial crisis, even merger bankers and lawyers — among the most optimistic lot on Wall Street — fretted that the good times might never come back.
Now those advisers can’t stop working, even as some are privately fretting that the merger cycle has hit its peak — or that an unforeseen crisis could end the party.
The number and dollar volume of deals announced in the first half in 2015 have not just surpassed those of last year, which was a healthy one for corporate transactions by any standard. They are also on pace to catch up with 2007, the last year of unbridled merger optimism before the financial crisis quieted Wall Street…
On Wall Street, Cautious Optimism as Merger Deals Near Peak Level
