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PACB - U.S. Mergers And Acquisitions: A Q3 2019 Report
Pacific Biosciences of California Inc.
The second quarter of 2019 was a big one for U.S. mergers and acquisitions with 56 deals worth over $367 billion announced. This activity prompted us to write a report about the quarter and we decided to make it a regular feature of Inside Arbitrage. In our last report, we wrote,
This Goldilocks economy is perfect for deal making with interest rates low because of international pressures (the trade wars and low/negative rates in Europe) and the domestic consumer remains strong after years of low unemployment. If these conditions persist through the end of the