President Donald Trump’s return to the White House changed the political calculus around mergers and acquisitions, reviving companies’ desire for dream deals that had become difficult to pull off. Now, corporate America is on the clock.
The rout by the Democrats in the midterms is creating a sudden sense of urgency in boardrooms, with executives wondering if they might have one last chance to pull off a transformational transaction while M&A-friendly regulators remain in place under Trump.