The New York Times

Deal Rush Defies Market Turmoil

stock_market petrol economy
Major companies are pushing ahead with mergers despite unstable markets. Bankers report that executives are acting now to take advantage of a more open attitude from U.S. antitrust regulators. This deal-making surge is happening at a volatile time. Oil prices are high and stock prices are swinging sharply. Normally, such conditions would slow corporate mergers. The key change is regulatory. Companies believe federal antitrust enforcers are currently more willing to approve deals. This perceived opening is creating a rush to complete agreements before the policy potentially shifts again. Bankers advise clients that the regulatory opportunity may outweigh the financial risks. The trend shows that policy signals can sometimes drive markets more than immediate economic pressures.