Posted on 10/21/2014 8:40:09 AM PDT by Kaslin
Edited on 10/21/2014 1:48:22 PM PDT by Admin Moderator. [history]
The value of deals that fail to complete has reached its highest level since 2008, in the latest sign that the best year for mergers and acquisitions since the financial crisis will also feature a number of high-profile failures.
Three large deals collapsed last week, adding to the list of wrecked deals and coinciding with a sharp jump in equity market volatility that sapped confidence in stocks and put a chill on the market for initial public offerings.
(Excerpt) Read more at finance.townhall.com ...
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