Description: Companies sitting on almost $3 trillion in cash are starting to spend it, putting what is typically the slowest month for mergers and acquisitions on course to be the busiest this year.

Source:  Businessweek.com

Date: 08/20/2010

Link:  http://www.businessweek.com/news/2010-08-20/m-a-sees-august-revival-as-companies-tap-3-trillion.html
 
Questions for discussion:

• Summarize the current state of M&A activity?
• What are the reasons for this level of activity?
• How do you think activity would react to a rise in interest rates?
• How do you interpret the recent bond activities?