| 17.12.2008 Opalesque Exclusive: As S&P 500 sits on high cash balances, a little stability is all that is needed for pent up M&A demand to see some relief |
| From Kirsten Bischoff, Opalesque New York : Barclays Capital and Nomura Holdings bankers are anticipating the value of merger and acquisition deals in 2009 to decline 30% (to about $2tln). However, recent reports that the S&P 500 corporations are sitting on the highest level of cash balances than any other time in history. “Cash rich companies that are not growing organically, but can gro |
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