Stock Market “Exuberance” Drives Merger Valuations to “Highest Level on Record”
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Pre-collapse year 2007 keeps popping up with eerie frequency. “Announced” global volume of Mergers & Acquisitions – “announced” in quotes for a reason, more in a moment – has breached the $700 billion year-to-date for the first time since the crazy pre-collapse year 2007. This includes 125 deals of over $1 … Read more