Reported about 2 months ago
Recent significant merger and acquisition activity in the consumer sector is disrupting the traditional summer slowdown, with notable deals such as 7-Eleven's takeover proposal and Mars Inc.'s acquisition of Kellanova fueling confidence in corporate transactions. Over $725 billion in deals have been disclosed since June, representing a 20% increase from the prior year, as investment banks report a resurgence in activity and private equity firms remain active.
Source: YAHOO