Bankers, on your marks!
A new survey from Ernst & Young suggests that the bumper crop of mergers and acquisitions might yield yet more deals. The accounting firm asked about 1,600 executives from the US and abroad about their acquisition plans, and found that more American companies are looking to buy than any other time this decade, with execs worldwide just a little shy of that number.
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Granted, the survey only goes back to 2010, so the era it’s tracking is below-average in terms of deal activity. But for the M&A lawyers and bankers who happened to ride out the storm, the next year should be encouraging, as well as lucrative.
