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Evening Standard
Evening Standard
Business
Jonathan Prynn

The ‘good old days’ of City M&A weren’t really all that great

When I first began reporting on the post Big Bang City in the late Eighties scarcely a day would pass without the button being pushed on another takeover, buyout or mega-merger.

Many were hostile and contested, leading to protracted and aggressive battles for control. The corporate finance teams were rarely without lucrative work. The living and the bonuses were good; the top dealmakers were the kings of the Square Mile.

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