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Re: mouton29 post# 95843

Sunday, 05/16/2010 7:23:36 PM

Sunday, May 16, 2010 7:23:36 PM

Post# of 257432

An increase in M&A activity is clearly good for the targets, but is it good for the large-cap acquirers?

In many cases, no, but the devil is in the details. The PFE-WYE and MRK-SGP mergers were highly accretive to shareholder value, IMO. Both PFE and MRK were woefully under-leveraged prior to these deals.


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