M&A: Deal mania under way, but SAB Miller situation doesn’t look good - BetaVille [Video]
|In today's M&A update, we discuss the top stories in the Mergers & Acquisitions industry, with commentary on the recent deals, and the ongoing speculation in the markets, with Ben Harrington, Business Journalist, BetaVille Blog, and Zak Mir, Technical Analyst at Zak's Traders Cafe.
Key Quotes
"Deal mania – 888, Rank, William hill deal"
"SAB Miller situation – That deal looks like it could be about to fall over...one of the largest MA takeover about to fallout. What happened is Sterling plunged since referendum, that means two largest shareholders who were getting a cash in stock option now get more than other standard shareholders are getting. So there is growing discontent."
"Rumors – Global Eagle Entertainment (US company doing in-flight entertainment system)..Chinese bidder circling around that."
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