Dec
28
2016 Was a Year for Undoing Major Deals
ByIt may not have been a banner year for striking deals, but 2016 was a healthy time for breaking them.
This year was the biggest in terms of volume for busted transactions — those withdrawn after being announced — since the depths of the financial crisis eight years ago, as big takeovers by the likes of the pharmaceutical giant Pfizer, the Oreos maker Mondelez and the office supply retailer Staples were consigned to the scrap heap…
2016 Was a Year for Undoing Major Deals
