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U.S. Dealmaking at Record Year-to-Date High

2015-05-29 18:06:36| Telecom - Topix.net

Dealmaking in the United States has made its strongest start to a year since Reuters records began in 1980, climbing 52 percent year on year to $746.9 billion in the Jan. 1 to May 28 period. Merger and acquisition activity was boosted this week when Charter Communications said it would acquire larger rival Time Warner Cable for $56 billion and Avago Technologies agreed to buy rival chipmaker Broadcom Corp for $37 billion.

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