Deal of the Week: Get Rich or Dry Trying?
Deal of the Week: Get Rich or Dry Trying?
(Bloomberg) -- Ed Hammond and New York bureau chief Jason Kelly are joined by private equity reporter Melissa Mittelman to discuss the challenges facing the buyout industry as it looks to put $1.7 trillion of dry powder to work in a deal market characterized by record high valuations and M&A-hungry corporations. The three look at big existential questions, such as: can private equity funds continue as financial engineers or must they morph into savvy operations, are we nearing an era of ill-disciplined buying, and when will Warren Buffett stop complaining and start acquiring? Finally, Jason and Ed focus on Qualcomm's social media efforts to fend off Broadcom's $117 billion takeover offer.
To contact the authors of this story: Ed Hammond in New York at ehammond12@bloomberg.net, Jason Kelly in New York at jkelly14@bloomberg.net, Melissa Mittelman in Boston at mmittelman@bloomberg.net.
To contact the editor responsible for this story: Magnus Henriksson at mhenriksso10@bloomberg.net.
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