NEW YORK (TheStreet) –In a year when many investment banks saw top lines beefed up, thanks to a steady slew of transactions, 2014 ended with dealmakers wanting more. In 2015, they will likely get it. Activists are hounding corporate titans to make divestitures, leveraged buyout shops are eager to put capital back to work and CEOs are fighting to define their tenures, often with a big buy. TheStreet breaks down some potential big deals for 2015, and the stocks and banks likely to be impacted.
1. Yahoo!-AOL Merger
It is by no means a sure thing, but if activist Starboard Value gets its way, Yahoo! CEO Marissa Mayer's ambition of building Yahoo! (YHOO) back into a web titan will be derailed. Instead, the struggling Internet pioneer will be sold off and combined with another Internet 1.0 mainstay: AOL (AOL) . This would likely entail AOL CEO Tim Armstrong taking the lead role in the merged company, given his reputation as an operations whiz. Although dealmakers have speculated a Yahoo!-AOL merger could be in the works -- there is little to report so far. But should a deal take place, it's likely to be a multi-billion-dollar deal and provide a windfall in advisory fees to the participating banks.