The boom in Web IPOs (those initials increasingly seem to connote insanely popular offerings) has served to pump some life into the market’s euphoria.
(Alan Abelson, May 21 2011, ‘Facebook for philanderers’, Barrons)1
6.1 The straw that stirs the drink
6.2 Social networking and the 2011–19 merger megaboom
6.3 Direct and indirect merger market effects of social networking sector acquisitions, 2011+
6.4 Vapor numbers: when is the social networking valuation?
Bankers perform a pivotal role in confronting M&A’s core contradiction as described in the preceding chapter: the mystery that merger activity persists year-to-year, even though most deals fail. Those same instigators ...