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.”
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— David Bass
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