Markets sink but M&A pushes ahead

It’s been a terrible few weeks for the markets, but some on Wall Street have won on the M&A front.
According to Thomson Reuters latest rankings, Citigroup is in second place for the year so far advising on $251 billion of deals, as opposed to fifth place this time last year.
Dealogic figures put it at number […]

Shorts Get the Goldmine, Optimism Gets the Shaft

Up from where it was, but down from where it had been. There’s a country & western lyric somewhere in the Dow’s wild ride Friday, which ended with the index down 128 points. But the path to get there was the real story. Stocks tumbl

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iPocalypse Now

From All Things Digital, July 11, 2008: Looks like the launch of Apple’s new iPhone 3G has not been without problems, though there’s been no reason yet to break out that iPod white riot gear. But in-store activation, and activation in general,

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Guardian Media Group Buys paidContent for 30 Million Dollars

From All Things Digital, July 11, 2008: In what will be seen as a new media coup, sources tell BoomTown that Britain’s Guardian Media Group is set to announce this morning that it will buy the company that runs the high-profile digital media news si

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Patriotism Has Its Price: Deals on Rise as Dow Falls

As the stock market tumbles, corporate deal-making is on the rise for number of factors, says Dennis Berman, The Wall Street Journal’s Global Deals Editor.Bear market realities: In a tough stock market, boards are under intense pressure to please their sh

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Stocks Crash, But Still Aren’t Cheap. So, Steady as She Goes

From Clusterstock, July 11, 2008:The DOW dipped below 11,000 this morning for the first time in two years. Worse, the stock market has now been flat for the better part of a decade. Normally, long-term investors would be happy about such events: weakness

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WSJ’s Berman: Expect MSFT-YHOO Deal for 33 Dollars Per Share by Aug 1

The “Gordian knot” that is Yahoo-Microsoft-Icahn-Google will be unraveled with a deal for $33 per share prior to Yahoo’s Aug. 1 shareholder meeting, predicts Dennis Berman, The Wall Street Journal’s Global Deals Editor. …

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Check Out Line: Name that brew

Check out: InBever-Busch? BudBever?
 
That hostile takeover stuff between InBev and Anheuser-Busch with the court fight and proxy battle and stuff? Looks like it was nothing a little more money can’t solve.
The two companies have begun friendly negotiations, a source told Reuters. The Wall Street Journal and New York Times reported that InBev has raised its offer […]

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