Despite Some Big Name Mergers 2013 is Slow Year for M&A

Despite 2013 being touted as the year for M&A and LBOs, barring a few large deals, the year is yet to witness a significant uptick. Erin Lyons and Swati Verma of Citi Research feel despite 2013 witnessing some notable deals such as Verizon Communications Inc. (NYSE:VZ), H.J. Heinz Company (NYSE:HNZ) and Dell Inc. (NASDAQ:DELL), the year is yet to produce sufficient numbers to justify confidence. Ticks all boxes to support enhanced M&A activity Interestingly, Citi analysts point out that 2013 is conducive for all traditional factors to support enhanced M&A activity. The analysts feel despite the presence of the five…