July 5 - Investor's Business Daily - It's become something of a spectator sport, trying to predict when the market for mergers and acquisitions will finally back off of its breakneck pace.
It didn't happen last quarter. In fact, the $1.65 trillion in announced global deals set a new record for a three-month period, according to data from Thomson Financial.
The third quarter is off to a roaring start as well. Blackstone bx late Tuesday announced a $26 billion takeover of Hilton Hotels. And legendary private equity outfit Kohlberg Kravis Roberts filed plans to go public on the heels of Blackstone's huge IPO in late June.
Those events notwithstanding, you still hear plenty of chatter that M&A activity is headed for a slowdown. Much of the talk centers on lenders, and whether they'll finally tighten the reins on the cheap loans and attractive financing packages they've been trotting out. Read More.
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