pressofAtlanticCity.com: Your source for the latest Breaking News plus Local, Business, Sports, Entertainment & Video News for Southern New Jersey

default avatar
Welcome to the site! Login or Signup below.
|
Not you?||
Logout|My Dashboard
AAA  Mar. 28, 2014
Deal makers
By TREVOR DELANEY
  •       Text Size    
  •       AIM Article
  •       Share Article

Buy AP Photo Reprints

Flush with cash and high stock prices, companies are buying up their competitors at levels not seen since the dot-com bubble. U.S. companies have announced deals worth $369 billion in the first quarter, according to Dealogic – two competing bids for Time Warner Cable accounted for roughly a third of that total. That’s 22.5 percent higher than in the same period last year and the highest first-quarter total since 2007. Worldwide, the value of announced mergers and acquisitions is up 15 percent over last year.

Associated Press
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.