Ed. note: Welcome to our daily feature, Quote of the Day.
Confidence is returning to board rooms, to C-suites — companies are willing to make big, bold bets on M&A. I think we’re about to turn a corner and get into the early stage of a private M&A super-cycle.
— Jim Langston, a partner in the mergers and acquisitions group at Paul Weiss, in comments given during an interview with Bloomberg TV earlier this week. More than a dozen $10 billion deals have already been announced so far this year, and now that huge deals are on the rise, Langston went on to say that he can see the “stars aligning” for more good news on the M&A front.
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on X/Twitter and Threads or connect with her on LinkedIn.