LATEST FROM THE STRATEGY SESSION
RSS FEED
- More Asset-Buying Depends on Economy: BOE
- Stocks Sputter as Investors Seek Next Catalyst
- Wife of UK's Tony Blair Sues Over Phone Hacking
- T-Mobile USA Wants to Grow Again
- Nissan to Recall 250,000 Cars Globally
- Winners and Losers in Obama's Corporate Tax Plan
- Santorum Takes Heavy Fire in Arizona Republican Debate
- Volcker Rule Threatens Recovery: Finance Ministers
- Next Bank of England Governor: The Race is On
MOST SHARED
- RBS Hurt by Greek Charges But Pays Bonuses
- China Internet Firm Qihoo Says Citron Allegations False
- More Asset-Buying Depends on Economy: Bank of England
- European Shares Extend Gains on Positive IFO Reading
- China Faces Japan-Style Stagnation Without Reform: Lawmaker
- Greek Writedown Hits Commerzbank Earnings
- T-Mobile USA Wants to Grow Again
- 7 Undervalued IPO Stocks That Could Rebound in 2012
- Break-Up, Greece Cause Huge 2011 Dexia Loss
- HP, Dell Watch Rising China Labor Costs for Apple
MOST POPULAR
HOT ON FACEBOOK
More Hostile Takeovers Likely This Year
Text Size 
Web Producer, CNBC
The foundation of a mergers and acquisitions resurgence is just starting to take hold and will eventually gain momenteum, Robert Spatt, partner at Simpson Thacher & Barlett told CNBC Thursday.
"We are at a simmer not a boil ... we've seen these cycles before and it starts to build and it's starting to build now," Spatt said.
"Generally the people who do the deals earliest generally do the best deals," he added.
In terms of hostile deals, 2011 has already seen a number of big pending deals: Trian Fund Management targeting Family Dollar, valued at $6.5 billion, Valeant targeting Cephalon, valued at $5.7 billion and National Bank Greece targeting Alpha Bank AE, valued at $3.9 billion.
As a result we will see even more hostiles this year, Spatt said. "For the larger companies that have a larger profile, I think the activists are going to go after the staggered boards with more vigor than they have in the past."
Follow Strategy Session on Twitter: @CNBCStrategy
 |
Watch CNBC's "The Strategy Session" weekdays at Noon ET.
- The economy is heating up but the Fed isn’t letting up. How do you play the fixed-income market?
- With its rich oil reserves and rampant corruption, Azerbaijan poses a dilemma for U.S. policy makers.
- Business owners should occasionally consider giving their work for free. Here are several reasons why.
- GOP Governor Chris Christie wants Warren Buffett to stop talking about higher taxes on the super-rich.
- There’s a shortage of hotel rooms in London for the Olympics, so many locals are renting out their opulent private homes.
- Boston Beer will be creating a special commemorative brew, the Samuel Adams Boston 26.2, to mark this year's Boston Marathon.
Data is a real-time snapshot *Data is delayed at least 15 minutes
