Why Heinz could mean the start of a recovery
Hopes are bubbling up on Wall Street that last week represented a first step on the long road back from the Great Recession, writes Niall Stanage.
Investors are hoping that just one day last week - Thursday - will come to be seen as particularly significant when the history books are written. Within hours, legendary investor Warren Buffett announced a deal, in combination with Brazilian investment partners, to buy the food company Heinz for $23 billion, and two major US airlines announced an $11 billion merger.
There was a handful of significant, if smaller, deals announced the same day, including drug sales company...
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