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January 16, 2006 Categories: Uncategorized Posted by admin
Strong profits, low interest rates, and hordes of cash have sparked a wave of mergers that underlie Boston Scientific’s battle to buy a rival medical device maker.
Merger and acquisitions last year topped $1 trillion nationally, the most since 2000, and $170 billion in New England, the most since 1998, according to Thomson Financial. This year, US mergers are off to one of the fastest starts ever, with $46 billion in deals announced in the first 11 days, according to Thomson.
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