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Perella CEO Sees M&A Rebound Shaping Into a ‘Slow Walk Back Up' [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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Most Read from Bloomberg Americans Are Racking Up ‘Phantom Debt' That Wall Street Can't Track Microsoft's Xbox Is Planning More Cuts After Studio Closings Stormy Daniels Will Return to Court in Test of Trump's Demeanor Trump Judge Indefinitely Postpones Documents Case Trial “You've got larger deals, you've got some significant stock-for-stock deals — the board rooms are very active,” Bednar said in an interview with Bloomberg TV. “That's a harbinger for future activity. It's a slow walk back up — but it's an encouraging one.” Companies seeking expansion to satisfy shareholders are leading the rebound, and private equity sponsors will follow, he said. M&A activity is brewing in “every sector,” including telecoms, technology and media, he said. Perella said in February that its pipeline of work was increasing as the investment bank posted fourth-quarter revenue that beat analysts' estimates. Founded in 2006, the firm advises on mergers and acquisitions and helps companies
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