What the Mega Deals Really Mean
Morningstar recently highlighted energy companies BG Group (BRGYY) and Chesapeake Energy (CHK), in addition to retail giant Kohl's (KSS), medical-products manufacturer Abiomed (ABMD) and Los Angeles-based lender City National (CYN) as some large takeout targets in 2013.
As TheStreet noted earlier in February, Morgan Stanley's (MS) proposed acquisition of a brokerage venture with Citigroup (C) could mirror the size and strategy of Comcast's deal for NBCUniversal and be yet another large 2013 merger.
For all the excitement over a flurry of February deals and the speculation of where the likes of Berkshire Hathaway will spend its money next, it might simply be wise for the ordinary investor to see a busy Wall Street as added confirmation of rising stock valuations, strengthening corporate earnings and a pickup in the economy.-- Written by Antoine Gara in New York For more on M&A speculation, see Morningstar's 11 M&A stock picks for 2013. Follow @AntoineGara
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