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These 7 big Internet companies are ripe to be acquired, says Merrill Lynch
These 7 big Internet companies are ripe to be acquired, says Merrill Lynch
Biz CarsonJan 14, 2016, 01:25 IST
Jack Dorsey, chairman of Twitter and CEO of Square, listens to a fellow panelist during a Techonomy Detroit panel discussion held at Wayne State University in Detroit, Michigan September 17, 2013.REUTERS/Rebecca Cook
2016 will be a robust M&A market and there are several already public companies that might be ripe for picking, a new Merrill Lynch analyst note predicts.
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The large cash balances of large cap internet companies combined with the suddenly attractive small-cap valuations of others may contribute to an uptick in public companies cannibalizing each other.
Here are the seven companies that Merrill Lynch singled out in its analyst note as M&A targets for 2016.
