Reuters - Video

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

Top News

Breakingviews: Failed M&A

Wednesday, Aug 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.

Breakingviews: Failed M&A

Wednesday, Aug 06, 2014 - 04:00

Most Popular »

Investing 201 »

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)

Money Clip »

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)

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)

Moving Pictures »

Still missing – MH370 Still missing – MH370

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

Images of August Images of August

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

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)

"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

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

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