How does Michael Brush conclude M&A is "so low, historically, it virtually has nowhere to go but up"? - His graph only shows 12 years of history and 75% of the annual M&A activity is between $42b and $73b, with 3 real outliers above $100b. I can't draw anything conclusive from what he has put forward.
Why IMU is a multi multi bagger, page-5790
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