Companies from India to Missouri made yesterday one of the busiest for takeovers this year, announcing $47 billion of acquisitions and extending a jump that’s brought dealmaking to its highest amount since before the global financial crisis.
Costa Rican opposition leader Luis Guillermo Solis won a landslide election victory yesterday after vowing to tackle the corruption that had fueled voter frustration with the government of President Laura Chinchilla.
Investors’ confidence in companies making acquisitions is emboldening management to execute deals, spurring a mergers and acquisitions boom, according to Michael Carr, co-head of Americas M&A at Goldman Sachs Group Inc.
The National Collegiate Athletic Association and five top conferences are a “cartel” that generates billions of dollars in revenue and illegally caps the pay of student athletes, a group of football and basketball players claim in a lawsuit that seeks to reshape college sports.
Scott Cowen, president of Tulane University, and Norman Francis, president of Xavier University, said on Bloomberg Television’s “Political Capital with Al Hunt” that New Orleans is rebounding strongly from Hurricane Katrina and moving toward better race relations.