Stampede Of Takeovers Could Mean Growth Ahead, Or Not
Something big is happening on Wall Street that is making investment bankers richer. It is also supposed to signal better times ahead for the rest of the country.
A boom in mergers and acquisitions is taking place, and the stampede is expected to continue even after two headline-grabbing deals — Rupert Murdoch's bid for Time Warner and Sprint's attempt to buy T-Mobile — crumbled this week.
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