Deals and IPOs

Corporate America just had the biggest deal-making month ever

AT&T signage is displayed on a monitor at the New York Stock Exchange in New York.
Michael Nagle | Bloomberg | Getty Images

The value of announced U.S. mergers and acquisitions in the last few weeks makes October a record month for deals.

A fresh round of deal announcements Monday morning took the month's value to about $337 billion, easily surpassing the previous high of $282.2 billion from January 2000, said Richard Peterson, senior director, S&P Global Market Intelligence. He added that the last 30 days have seen more than 20 percent of year-to-date deal value for announced U.S. M&A.

While the announced tie-ups of the year so far do lag the record levels of 2015, he said, "all deal activity will likely force (corporate) peers to consider similar action."