• The tech sector has $2 trillion in firepower to do deals - and now's the time to strike

    9 monthes ago - By Business Insider

    Dealmaking is off to a hot start in 2018, and it could continue thanks to the huge amount of cash available to public companies for transactions.
    Firepower for mergers and acquisitions has surged to more than $5 trillion in the past year, according to research by Citigroup. That's up from $3.3 trillion at the beginning of 2017. The large increase is partly attributable to the new tax law.
    Citigroup says now's a great time to do deals. If companies sit on cash for too long, they could expose themselves to pressure from activists. And deals struck in volatile periods tend to...
    Read more ...

     

  • The tech sector has $2 trillion in firepower to do deals - and now's the time to strike

    The tech sector has $2 trillion in firepower to do deals - and now's the time to strike

    9 monthes ago - By Business Insider

    Dealmaking is off to a hot start in 2018, and it could continue thanks to the huge amount of cash available to public companies for transactions.
    Firepower for mergers and acquisitions has surged to more than $5 trillion in the past year, according to research by Citigroup. That's up from $3.3 trillion at the beginning of 2017. The large increase is partly attributable to the new tax law.
    Citigroup says now's a great time to do deals. If companies sit on cash for too long, they could expose themselves to pressure from activists. And deals struck in volatile periods tend to...
    Read more ...