While many market analysts have been touting the recent spate of mergers and acquisitions as a sign of business confidence, the trend might be more out of necessity.
Multibillion-dollar deals involving Dell, American Airlines and Heinz may portend another boom in giant mergers and buyouts. But historians warn most mergers go bust.
On Thursday, American Airlines and US Airways officially announced their long-rumored merger. And Warren Buffett's Berkshire Hathaway said it made a match with Ketchup giant Heinz, in a deal worth billions.
It's another sign the global business world has become less centralized and more diffuse. The company poised to buy the New York Stock Exchange for more than $8 billion is based not in a world financial center, but in Atlanta.
America’s biggest airline, Delta, is reported to be bidding for a big stake in Sir Richard Branson’s Virgin Atlantic. The deal could lead to Branson giving up control of the carrier he founded.