Is merger mania back?

M&A activityBroadcaster Fox’s $80bn offer for rival Time Warner was the latest big deal to hit the headlines this week. But it’s just the tip of the iceberg.

Deals worth $1.83trn were agreed worldwide in the first half of 2014. That’s up 41% on the same time last year, and it’s the busiest first half for mergers and acquisitions (M&A) seen since the height of the credit bubble in 2007.

There are several reasons for the M&A comeback. As the slow, but steady economic recovery has [...]

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