Oil Shakeout, Corporate Breakups Could Drive Merger And Acquisition Activity In 2015

Oil Shakeout, Corporate Breakups Could Drive Merger And Acquisition Activity In 2015 By Antoine Gara, Forbes Staff writer: The drilling industry’s woes as the price of oil sits below $60 a barrel are expected to become a new driver of merger and acquisition activity in 2015, after a banner year for deal-making as steadily rising U.S. economic data and an easing of political battles in Washington pushed stock markets to new records, outweighing tremendous geopolitical turmoil. Corporate spinoff activity, urged on by increasingly powerful activist hedge fund investors and CEO’s looking to simplify their businesses, will also likely drive deal...