The Tipping Point? Merger Deals Could Be Ray Of Hope

New York Times:

Market observers are desperately trying to call a bottom in the stock market, but something more dynamic is happening in the M&A market.

The events of the last year are beginning to leave their mark in the way deals are done. As the market for mergers inevitably picks up in the coming years, these changes will likely affect the course of deal-making for a long time.

Consider the ray of hope that emerged Tuesday: Blackstone Group's closing of its $1.6 billion acquisition of Apria Healthcare Group.

Read the whole story: New York Times

Comments

[Icantbelieveher]

07:48 AM on 10/30/2008

So they merge together to make a few huge companies, which will take away competition and create monopolies.

[dgscol]

06:03 AM on 10/30/2008

They are using the bailout money to buy other companies rather than extend credit, which is why the intrerest rate was reduced. They should be held accountable for their actions.

[indyleftist]

12:33 AM on 10/30/2008

Is this supposed to be a liberal website?
We are cheering consolidation now?
Isn't this what caused the problem in the first case?

[nomoredead]

11:54 PM on 10/29/2008

Too big to fail means their too big.

[ntmessage]

11:12 PM on 10/29/2008

Truth is, we have too many banks. Mergers are imperative to sort out this mess. Weaker banks are better to bought out than to go under, which creates more uncertainty and anarchy.

[ZellaBee]

10:01 PM on 10/29/2008

Mergers are part of the problem, no the solution. Cor pora tism is fasc !$m.

[research]

08:08 PM on 10/29/2008

Too Big to Fail, ring a bell?

We should be breaking up the bank, as FDR did, not consolidating them.

BushCo's last (I hope) great crony scam.