Upbeat CEOs to Drive '10 M&A

Dealmakers expect worldwide M&A transaction volume to rise 20% to 30% next year if credit markets stay healthy
By Aleksandrs Rozens and Kelly Holman, IDDmagazine.com
December 17, 2009
The pace of mergers and acquisitions declined this year, but the dollar volume of activity will likely bounce back to over $3 trillion next year, according to an informal survey of the market by IDD. Market participants believe that Wall Street investment banks will see an increase in fee income not only from M&A advisory work but various other engagements like raising money to finance these deals.
The M&A chill eased early in the summer when debt markets were on surer footing. By fall, sentiment in corporate America had improved enough to spark a steady flow of transactions that is expected to carry on into 2010.
http://www.iddmagazine.com/issues/2009_47/upbeat-ceos-to-drive-10-ma-200990-1.html?partner=thestreet