RECENT POSTS
FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
Considering valuations may be cheap, are we in the early phase of an M&A wave?
It seems deal activity is starting to pick up with cash rich companies only too willing to pay a premium for their acquisition.
For your consideration, IBM [IBM
Loading...
()
] is in talks to buy Sun Microsystems [JAVA
Loading...
()
] for at least $6.5 billion in cash. That’s about $10 a share and nearly a 100% premium from the stock’s closing price on Tuesday, the day the offer was made public.
Also Pfizer [PFE
Loading...
()
] is buying Wyeth [WYE
Loading...
()
] at a 14% premium and Roche [RHHBY
Loading...
()
] snapped up Genentech [DNA
Loading...
()
] for a 9% premium.
Are more deals like these in the offing?
Howard Lanser, director of M&A At Robert Baird tells Fast Money he expects to see a slew of deals in healthcare. Why? Because he thinks the deals mentioned above will compel sector rivals to team up, if they want to stay competitive.
And he reveals on Fast Money that industrials will be the next sector to see an uptick in M&A. “We’ll see a merger of equals. It’s logical to think if both of your stocks are down 35% this is a good time to form a marriage, double the size of your business and position yourself for the upturn.”
On Wednesday's Fast Money, Pete Najarian said much the same thing. "United Technologies [UTX
Loading...
()
] stopped their repurchase program because they want the cash to make acquisitions," he explained. "The industrial space has areas where people are looking to buy."
(Click here to find out what other companies Pete Najarian thinks could soon make acquisitions.)
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- Your First Move For Friday November 27th
- Web Extra: Private Equity, Conviction Buy?
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
- Best Wishes Regis
- Gartman's Annual Rules For Trading
- Chartology: December Outlook
- Holiday Toy Trades
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On Mar. 20th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AA), (AAPL), (BAC), (EEM), (FXI), (TCK); Seymour's Firm Owns (PBR); Terranova Owns (KCE), (FXC), (XBI), (BRCM), (WYNN), (INTC), (JOYG), (DELL), (XOM), (IBM), (POT), (X), (JPM): Terranova Owns (COP) Calls; Terranova Owns (HESS) & (HESS) Calls; Terranova Owns (DIS) & (DIS) Calls; Terranova Owns (AMGN) & (AMGN) Calls; Macke Owns (GE), (SDS), (POT); Macke Is Short (BRK.b); Najarian Owns (C) Call Spread; Najarian Owns (GS) Call Spread; Najarian Owns (GD) Call Spread; Najarian Owns (MS) & (MS) Calls; Najarian Owns (POT) Call Spread; Najarian Owns (MSFT) & (MSFT) Calls; Najarian Owns (TGT) Call Spread; Najarian Owns (XHB) Call Spread
Data is a real-time snapshot *Data is delayed at least 15 minutes