Wall Street deal-makers enjoy biggest merger boom since 2000
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STOCKS are surging, corporate executives are ambitious and debt is cheap. The result is one of the biggest booms in mergers and acquisitions (M&A).
A US$100 billion worth of mergers made on Monday added to the tally, putting Wall Street on pace for a year of deal-making rivalling those during the dotcom bubble and the private equity upsurge just before the financial crisis.
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