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CloseJanuary 18, 2019

News: updated – 18-Jan 11:48


The Bristol-Myers Celgene Deal, And Other Ideas18-Jan 01:05(SeekingAlpha)

by Daniel Shvartsman It’s a cliche to say mergers and acquisitions (M&A) are a sign of ‘animal spirits’. It’s an old John Maynard Keynes saying, and not literally tied to M&A. I take the cliched usage to mean that if companies are confident enough to splash cash at a premium to wha…