Merger Monday is back

In a blog post on Reuter’s Dealzone, Richard Bove at Rochdale Securities is quoted as saying:

“A core theme in our banking thesis is that “Merger Monday” is back.

“There could be a surge in M&A activity that may last two to three years.  The dollar is weakening, the yield on junk bonds has plummted, and the stock market is quite strong.  The money is available.”

Click here for the full entry.

— David Bass

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