Citi analysts Scott T Chronert and Louis L Odette review small and mid-cap activity during 2013 and the outlook for 2014, including a look at shareholder activism, in their research note “M&A: Is “A” for Acquisitions, or Activists?” Measuring small and mid cap M&A “Our preferred measure of M&A activity is to assess the dollar value of “market cap” which is effectively removed from each of the Russell 2000 and Mid Cap indexes due to M&A activity,” says Citi. By this measure, the M&A tally for 2013 for the Russell 2000 was as follows: Therefore, a total of 79 deals…
Forget The Big Names, Russell 2000 M&A Activity Soars
HFA Staff
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