3Q20 Merger Activity Surpassed $1 Trillion
“In the face of the global COVID-19 pandemic and economic lockdown, for just the eleventh time over the past 40 years, quarterly merger activity has surpassed $1 trillion during the third quarter of 2020. Whether it’s delayed merger announcements held over from this past Spring, the arrival of opportunistic strategic buyers or private equity buyers flush with cash and friendly credit markets or the desire to strike deals before the results of the upcoming US presidential election, there’s no question that deal making strongly rebounded far earlier than expectations.Q2 2020 hedge fund letters, ...