DEALS COULD BE MARKET DRIVERS IN 2ND HALF OF '06
Federal Reserve Chairman Ben Bernanke not only unleashed a market rally when he hinted about a pause in interest-rate hikes but may have added even more fuel to the red-hot mergers and acquisitions market.
With the market believing the rate environment will be predictable, it will be easier for buyout firms, a major driver of deals, to raise financing, said S&P senior index analyst Howard Silverblatt.
Wednesday, July 05, 2006
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