This would be a bet that M&A activity will be increasing. After several years of restructuring and strengthening their balance sheets, US corporations will have to choose at some point between either internal growth attempts or acquisitions. With… More
This investment bank is selling for 9.1 times book value and 26 times expected 2010 earnings. These types of multiples are basically unheard of in the investment baking industry. Not surprisingly, the founder and his top executives are selling every… More