Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

Breakingviews: Failed M&A

Wednesday, August 06, 2014 - 04:00

First the Pfizer AstraZeneca deal fell apart, now Fox and Sprint Corp have failed to pursue their bids for Time Warner and T-Mobile. It might presage a slowdown in the M&A market, says Breakingviews

▲ Hide Transcript

View Transcript

So Murdoch imposes prison Time Warner aspirin it's Ross is the series of Timo -- -- US and -- on the back of the hole -- AstraZeneca -- should we be surprised. Should we be shot should be we be worried. By these high profile failures -- wept is that with breaking news has written a piece about his what do you think should we reward. Well I think it's sort of inevitable consequence of when one sees a big rebound and emanate Wendell says he's a big uptick in these deals that go wrong. That's not -- because the same. Phenomenon which is bearing more deal making which is rising. Confidence people feel they can -- and make bigger positions. Emboldens target company boards to say no where -- a lot more depth lost and also of course. The boulder that deals get the more sort of industry changing they've become the more likely it is that they full file of regulates hasn't had. With the spring it's been in particular that team -- -- that was an attempt to take the US may have -- market fruitful place for three. And regulates -- said pretty clearly we don't -- data pretty clearly. Pretty good pretty muddle along as well right up there is insisting that should just just before we came into the studio as I was to scanning the the web front for pieces are out of the Yemeni through maturity fourteen and made him. SC's headline recent encouraging signs the 2014 Yemeni spree is the real deal. The contrast. We'll see Joseph the -- -- is going to end badly and the FT saying it's the real deal because the type of financing combination of -- -- Armed. Sergeant says. Well I think in many emanate -- as it gets older as it grows moment should you stop Ecstasy sort of slightly crazy deals. Being attempted the industrial logic gets stretched so you always -- be on the lookout for a value destroying deals thousand -- goes on. On the other hand. Some sympathy with the argument that there's a lot of -- tell them and if you will because. We hadn't volumes than being citing low for so long the -- people are doing logical transactions they would have liked to -- to a serious candidate just. Could not tech support could not take its shareholders. What what's the value of the -- and me. Market so far this year. I think we're running about 2.2 trillion dollars was an extraordinary sort of uptick hometown says teens it was 70% up. You were on yeah we're on course one of the best he is. And I think the last CP it was 2007 and clearly kind of cheap financing has helped pal and you've -- I know you'll be open six. This is more about of a trend story. But on what what do you heard about that the -- Time Warner. -- it to people suspect that he's -- -- this is up Troy to get a shares down -- -- -- Joan -- This with hearts tell at this point and but I mean certainly when one looks at his track record he has. Notes in the cost more dogged than he's looking we had to do -- is exactly exactly so -- one has to wonder you know age is this the opening gambit in a much longer game. But you just official wouldn't use suspect. We'll see more. Huge deals like this I'm on the table going forward and at the same time. Big ones for him by the wayside because that's the nature of the ways exactly I think this is the end of the -- being by. Any stress imagination but I also think it's an inevitable consequence of a rebound in deals that you see. More of these deals where people couldn't really reach agreement. -- -- equipment things like you can that reprints please throw around the breaking news mostly -- and a great -- I just go farm home the Murdoch. Time Warner. Deal on the breaking news web sites -- Dorsey US are told that he's incentive that he PST -- -- police sources.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Breakingviews: Failed M&A

Wednesday, August 06, 2014 - 04:00

Most Popular »

Retirement »

Investing 201 »

Bond investors brace for the end of Fed stimulus Bond investors brace for the end of Fed...

Fri, Oct 10, 2014 - (4:03)

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Why bruised Brazil is a buy Why bruised Brazil is a buy

Fri, Jul 19, 2013 - (2:48)

3 ways to fix your bond portfolio 3 ways to fix your bond portfolio

Thu, Jul 11, 2013 - (3:10)

The next gold? Diamonds lure investors The next gold? Diamonds lure investors

Wed, Jul 03, 2013 - (2:38)

How to play the Fed’s tapering timeline How to play the Fed’s tapering timeline

Thu, Jun 20, 2013 - (2:34)

How to play banker on the web How to play banker on the web

Tue, Jun 11, 2013 - (2:57)

3 surprises about the 2013 stock rally 3 surprises about the 2013 stock rally

Fri, May 24, 2013 - (2:11)

How to cash in on lawsuits - Investing 201 How to cash in on lawsuits - Investing 201

Tue, Apr 30, 2013 - (2:30)

Rising dollar will drive stocks higher Rising dollar will drive stocks higher

Wed, Apr 10, 2013 - (2:32)

A little-known path to big dividends - Investing 201 A little-known path to big dividends -...

Thu, Apr 04, 2013 - (3:16)

What exactly does Warren Buffett own? - Investing 201 What exactly does Warren Buffett own? -...

Thu, Feb 14, 2013 - (0:51)

Big short bets: Where are they now? - Investing 201 Big short bets: Where are they now? -...

Fri, Dec 21, 2012 - (2:33)

Money Clip »

How to get out of debt How to get out of debt

Thu, Oct 30, 2014 - (3:37)

Will Apple Pay transform mobile payments? Will Apple Pay transform mobile payments?

Thu, Oct 16, 2014 - (2:45)

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

How to break your prenup - Money Clip How to break your prenup - Money Clip

Thu, Mar 07, 2013 - (1:18)

Watch your wallet on Pinterest - Money Clip Watch your wallet on Pinterest - Money Clip

Thu, Feb 21, 2013 - (1:33)

Get set for the big bull run - Money Clip Get set for the big bull run - Money Clip

Thu, Jan 24, 2013 - (3:41)

Moving Pictures »

Real-life superheroes Real-life superheroes

Tue, Oct 28, 2014 - (1:44)

Dance of the northern lights Dance of the northern lights

Mon, Oct 20, 2014 - (1:08)

Images of September Images of September

Wed, Oct 01, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, Jul 03, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, Apr 14, 2014 - (3:28)

360° snapshot of life in Kabul 360° snapshot of life in Kabul

Fri, Apr 04, 2014 - (1:26)

A blind teenager, living with vision A blind teenager, living with vision

Thu, Mar 27, 2014 - (3:51)

TIMELAPSE: Backstage at the Oscars TIMELAPSE: Backstage at the Oscars

Wed, Mar 05, 2014 - (2:49)

TIMELAPSE: Lunch with Oscar nominees TIMELAPSE: Lunch with Oscar nominees

Wed, Feb 12, 2014 - (2:55)

Sochi Highlights: Let the games begin Sochi Highlights: Let the games begin

Fri, Feb 07, 2014 - (0:40)

TIMELAPSE: On the Golden Globes red carpet TIMELAPSE: On the Golden Globes red carpet

Tue, Jan 14, 2014 - (3:28)

Pictures of the Year 2013 Pictures of the Year 2013

Fri, Dec 20, 2013 - (3:03)

Marching to the beat of Sousa's drum Marching to the beat of Sousa's drum

Thu, Dec 05, 2013 - (6:11)

The Gettysburg Address The Gettysburg Address

Thu, Nov 28, 2013 - (2:31)

Making Gruyere: A family affair Making Gruyere: A family affair

Wed, Oct 16, 2013 - (5:06)

Abortion: After the decision Abortion: After the decision

Tue, Sep 17, 2013 - (5:46)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Lessons of the Jihad Jane case - Reuters Investigates Lessons of the Jihad Jane case - Reuters...

Sun, Dec 09, 2012 - (3:43)

Exclusive: Jihad Jane in her own words Exclusive: Jihad Jane in her own words

Sat, Dec 08, 2012 - (4:11)

Attorney: How a Maryland teenager became radicalized - Reuters Investigates Attorney: How a Maryland teenager became...

Fri, Dec 07, 2012 - (4:21)

Counselor: Jihad Jane at 17 - Reuters Investigates Counselor: Jihad Jane at 17 - Reuters...

Thu, Dec 06, 2012 - (4:17)

Dateline Asia »

Breakingviews: Fleeting QE gains bring emerging market pains Breakingviews: Fleeting QE gains bring...

Wed, Oct 29, 2014 - (2:05)

Regulatory clarity needed on China stock connect -StanChart Regulatory clarity needed on China stock...

Mon, Oct 27, 2014 - (2:56)

Breakingviews: HK-Shanghai disconnect disappoints on reform Breakingviews: HK-Shanghai disconnect...

Sun, Oct 26, 2014 - (2:46)

Asia Week Ahead: Honda air bag crisis to deflate earnings? Asia Week Ahead: Honda air bag crisis to...

Fri, Oct 24, 2014 - (1:52)

FACTBOX: Japan's Abe loses two female ministers in one day FACTBOX: Japan's Abe loses two female...

Mon, Oct 20, 2014 - (1:20)

Breakingviews: Indonesia's Jokowi has a parliament problem Breakingviews: Indonesia's Jokowi has a...

Sun, Oct 19, 2014 - (2:19)

Investment Strategies: Don't worry, buy emerging markets Investment Strategies: Don't worry, buy...

Thu, Oct 16, 2014 - (3:58)

Breakingviews: Worse troubles than Agile brewing in China Breakingviews: Worse troubles than Agile...

Sun, Oct 12, 2014 - (2:35)

NBA's Brooklyn Nets hope to boost global profile in China NBA's Brooklyn Nets hope to boost global...

Fri, Oct 10, 2014 - (4:09)

Breakingviews: Hong Kong finance sector unmoved by protests Breakingviews: Hong Kong finance sector...

Thu, Oct 09, 2014 - (3:17)