Market Pulse: Will a Slack Deal Let the Merger Genie Out of the Bottle?


    Merger and acquisition activity has been down this year, but some big deals popped up in November.

    Last week brought the most prominent: a potential takeover of Slack (WORK) by (CRM). Dow Jones and CNBC both reported on the talks, citing sources. WORK shot to record levels on the news.

    Today, S&P Global (SPGI) announced the $44 billion purchase of IHS Markit (INFO).

    Also earlier in the month, PNC Financial (PNC) agreed to pay $11.6 billion for the U.S. operations of Spanish bank BBVA (BBVA).

    November has seen many signs of confidence returning. The VIX, gold and the U.S. dollar have plunged. Energy surged. A return of merger activity could be yet another sign of sentiment improving.

    Trade in milliseconds

    Explore the most actively traded options

    Trade 600+ futures products on an advanced platform