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Stampede Of Takeovers Could Mean Growth Ahead, Or Not



8/11/2014 6:57:00 AM

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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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