Analysis: Huge M&A deals return after half-decade of doldrums

02/15/2013 | New York Times (tiered subscription model), The

After a dry spell that lasted half a decade, the volume of multibillion-dollar mergers and acquisitions soared at the beginning of 2013. A key factor is the more than $1 trillion of cash accumulated by Standard & Poor's 500 corporations that is generating almost no returns. The renewed health of U.S. banks is also driving the trend.

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New York Times (tiered subscription model), The

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