Companies are taking advantage of rising stock prices to secure big takeovers. Yesterday was one of the busiest days for mergers in years with more than $100 billion in deals. At roughly $3.1 trillion so far in 2014, the current dollar volume of announced mergers and offers globally is higher than in any full year since 2007, data show. Our story examines the factors behind this year’s surge in M&A volume and reports on the latest activity, including Actavis agreeing to buy Botox-maker Allergan and Halliburton’s plan to purchase smaller oil-field services rival Baker Hughes.
I seem to remember 2007. Wasn't that the year the economy tanked?
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