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AAA  Mar. 28, 2014
Deal makers
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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
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