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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (3239)	12/6/2012 1:43:59 PM
From: richardred	1 Recommendation Read Replies (2) \| Respond to of 7243

M&A Market Could Rebound In 2013, PwC Says By Brian Deagon, Investor's Business Daily Posted 12:31 PM ET The fundamentals for a healthy market in mergers and acquisitions are solid for 2013, with improving corporate confidence and relatively healthy debt markets. That's according to accounting firm PricewaterhouseCoopers in its annual outlook report issued Thursday. Among the positive indicators, the total amount of cash held by U.S. corporations in the S&P 500 remains steady at $1.1 trillion, indicating continued opportunity for companies to put their money to work through M&A. Companies with large cash reserves include Cisco Systems (CSCO), Microsoft (MSFT) and Apple (AAPL). For the year through Nov. 30, there were 7,585 transactions representing $705 billion in disclosed deal value, according to PwC. That's down from last year, as dealmakers remain cautious in an iffy economy. But October deal value spiked to the highest level in 14 months, to $96 billion and with 754 deals, the most active month since August 2011, says PwC, saying that shows the growth potential for M&As next year. The trends reported by PwC were in line with a similar report by Ernst & Young issued Wednesday, as IBD reported. Both reports noted the climate remains cautious, but also the increasing availability of financing. In tech, PwC said it sees early signs of growing activity among large tech firms to re-evaluate their product and business portfolios and initiate divestitures. The firm cites multiple drivers for future M&A activity in the tech sector, including the growth of the cloud, mobile and social trends. Read More At IBD: news.investors.com Message 28481822