Monday, October 15, 2012

Quarter Review

With a strong performance from the S&P in the first quarter, one would expect increased mergers and acquisitions. However, the S&P was up for the quarter, 12 percent, which are the best results in fourteen years but M&A activity failed to follow suit. A recent article in the Wall Street Journal titled "Bankers Await Rebound in Mergers", Gina Chon writes, "Globally, the first quarter saw about $545.2 billion of announced deals, the slowest start to a year since the first quarter of 2003." Bankers and investors hope to see a surge in M&A activity in the upcoming quarter. We will have to see if M&A activity will correlate with the markets performance for the remainder of the year. Additionally, investors doubt the S&P will continue to perform at its current rate.
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Editorial Staff

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