Argentum 47 Inc (ARGQ)

[Topfuel]

(Reuters) - Jefferies Financial Group (JEF.N) said it expects a jump in mergers of equals in the current coronavirus-stricken economic environment as companies look at cost-effective ways of increasing their scale to survive the crisis.

The mergers-of-equals transactions can help companies cut expenses and boost earnings without the “stigma of transacting at lower values, premiums or multiples,” Jefferies said in its July newsletter.

The coronavirus crisis has caused demand to plummet across industries such as retail and travel, hurting revenues and making it difficult for many firms to raise new capital.

https://www.reuters.com/article/us-jefferies-fincl-outlook/jefferies-sees-jump-in-mergers-of-equals-as-coronavirus-hammers-economy-idUSKBN2427IV