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News and notes on what's really going down on Wall Street: the new M&A environment, Twitter, David Zaslav’s debt journey, the bulls, the bears, and the pigs.
Perhaps it’s the mirth and enthusiasm of a new year—to say nothing of the eternal January optimism of investment bankers—but I’ve been reading that some of our brightest minds expect the M&A environment to rebound in 2023. I have a different view. And, naturally, it involves the instructive lesson of Elon Musk and Twitter, and ends with the instructive lesson of Elon and Tesla.
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