“Deal-making Comes Alive”
Monday, March 8th, 2010In an article published last week in Forbes, some experts have declared that deal-making is back, citing some large recent transactions:
- Dell’s $3.9 billion acquisition of Perot Systems in September
- Walt Disney’s $4 billion tie-up with Marvel in August
- Exxon Mobil’s $41 billion all-stock buy of XTO Energy in December
- AIG offloading its Asian life insurance business to the U.K.’s Prudential for $35.5 billion
While these deals certainly make headlines, I don’t think they do much for main street American business and more importantly, I don’t think you can declare that merger and acquisition activity is back based on these deals alone. (more…)