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Bloomberg Wall Street Week - May 12th, 2023
Wall Street Week
The Importance of Synergy in Deals
There's a lot of uncertainty surrounding it. Year to date, we have, I think, 14 deals over $10 billion versus last year was 24 deals. If it's going to take 18 months for a transaction to close, you spend a lot of time thinking about how both the acquired business and the acquiring company manage their own businesses. But all that said, smart deals are still happening, and they will continue to happen.
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