Merger activity gets noticed, again

This weekend, Wall Street Journal as well as Barron's have devoted some space to the spurt in merger activity this year, with Barron's making it a cover-story.

Summary - with around $2 trillion in cash, and more ($8 trillion ?) if you consider non-liquid holdings and ability to take on low-cost debt, what we have seen is just the beginning.

I for one, have been saying this for over 2 years! The number of cash transactions has just been astounding. The merger activity in Europe has surprised most observers.

We will be left with far fewer public companies 5 years from now.