Mergers slow as volatile markets lift interest rates
The volatile Nasdaq and higher rates curb U.S. merger activity. Through May 26, year-to-date deals fell about 17 percent to 3,866 from 4,533 a year earlier, with March and April showing steep declines. Analysts foresee a pickup once markets stabilize, though high borrowing costs pressure deal economics.
MENTIONED IN THIS ARTICLE
M&a
York
U.S
Thomson Financial Securities Data Co
Newark
N.J
Richard Peterson
Thomson Financial
America Online
Time Warner
AOL
Federal Reserve Board
Fed
Jack Levin
Harvard Law School
Microsoft
Worldcom
US Airways United merger reshapes Northeast air travel
United Airlines plans to acquire US Airways in a deal valuing the sixth largest carrier at a 131 percent premium. The merger would boost United’s Northeast dominance with hubs in Philadelphia and Washington and put the new giant on routes to Boston Pittsburgh New York and beyond while antitrust review and rival lobbying unfold.
MENTIONED IN THIS ARTICLE
Sprint
United Airlines
US Airways
Morton Pierce
M&a
Dewey Ballantine
New York
Pierce
AOL
Time Warner
MCI WorldCom
Memory Lane
Westinghouse
CBS
UAL Corp
Northeast
Philadelphia
Pittsburgh
Boston
Washington
Reagan National
la Guardia
Uals
United
American
Baltimore
Star Alliance
Thai
Brazil
Varig
Scandinavia
SAS Airlines
Oslo
Rio
O’hare
Denver
Uncle Sam
Washington Dulles
Justice Department
Continental
Northwest
Delta
Also Mentioned on This Page
Dunstan Prial
Jasondj
Thompson Financial Securities Data Co
Microsoft MoneyCentral
CS Inc
By Andres Martinez
Pittsburgh Post-Gazette
Airline Alliance
US Airways Group Inc
Elk Grove Village, Ill
Chicago
Los Angeles
San Francisco
Washington, D.C
London
Frankfurt
Tokyo
Toronto
United States
Arlington, Va
Charlotte
N.C
Canada
Mexico
European
Caribbean
US Airways Express
Hoover's
Dulles
One First
Community Bank
FDIC
Pine Plaza
Stafford Drive
Tazewell
E. Riverside Dr
Green Valley
Princeton
Mercer Street
Bluefield
Federal Street
Mercer Mall
Bluewell Rt
Richlands
Washington S
Lee Eee
Abingdon
Easons
East Cumberland Road
Kmai
Warlick Furniture
Raleigh St
Bluefield, WV
University City Boulevard
Blacksburg
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