That post makes sense. Thank you for highlighting a factor I'd previously overlooked....
BX may be getting some positive publicity associated with the Yahoo/Microsoft negotiations since they are representing Microsoft in the deal making I think?
Now, with the 3 week deadline- and the above if true- we should see nice gains along the way like we have been the past week.
In black and white on the BX website:
Corporate and Mergers and Acquisitions Overview
Our corporate and mergers and acquisitions advisory operation has been an independent provider of financial and mergers and acquisitions advisory services since the firm was founded in 1985. Professionals in this area have a wide array of specialized industry knowledge and experience and provide all types of financial and mergers and acquisitions advisory services with a wide range of transaction execution capability with respect to acquisitions, mergers, joint ventures, minority investments, asset swaps, divestitures, takeover defenses and distressed sales.
The services provided also include specialized advice in various areas, including special committee assignments, exclusive sales, demutualizations and conversions, structured products and financing advice. Since 1985, our corporate and mergers and acquisitions advisory services operation has advised on transactions with a total value of more than $325 billion. Some of the clients we have recently advised include Albertsons, Comcast Corporation, Fox Entertainment Group, Inc., Kinder Morgan, Microsoft Corporation, The Procter & Gamble Company, Reuters, Sony Corporation and Suez S.A. In 2006, we opened an office in London to expand our corporate and mergers and acquisitions advisory service offerings beyond our U.S. base.
The success of our corporate and mergers and acquisitions advisory services has resulted from our core principles, including protecting client confidentiality, prioritizing our client's interests, avoidance of conflicts and giving each assignment senior-level attention. The 14 senior managing directors in our corporate and mergers and acquisitions advisory services operation have an average of over 20 years of experience in providing financial and mergers and acquisitions advice.