BANK OF AMERICA: Tax cuts could lead to record mega-mergers
|01/19/2018||Posted by BusinessMediaguide.Com under General World News||
- Bank of America breaks down what could be the most effective use of the additional capital that corporations get from the GOP tax plan.
- The firm says that mergers and acquisitions is an ideal use, and could hit a record in 2018, while downplaying the positive effect of share buybacks and capital expenditures.
At this point, everyone knows that the GOP tax plan is going to give corporations a huge windfall of cash to use. The real question now is how they’ll use that money.
The equity strategy team at Bank of America Merrill Lynch boosted its 2018 <a target="_blank" href="http://www.businessinsider.com/category/earnings-growth" read more >>>