Commentary: Beat the Clock (and Get a Double Bonus)

While the flurry of year-end deal announcements may seem like someone’s hitting the egg nogg a little too often, it’s more likely that someone else wants to stuff a little more into their stockings. One reason for the late rush of multibillion-dollar buyouts and sales is that investment bankers are trying to wrangle a bigger year-end gift in what some call the “double-bonus game,” Andrew Ross Sorkin writes in his Sunday DealBook column. Read on to see how it works.