Corporate acquirers snapped up 86 companies for a total $7.3 billion in the fourth quarter.
Move wipes out $470 million in debt for YRC Worldwide, giving it a shot at survival.
Cash-rich companies are expected to reduce their borrowings, which could lower rates for those raising funds.
Geely and BAIC pick over remains of Ford and GM units
Even banks that have paid off their bailout funds will get slapped with steep risk premia by investors.
Is your company saving cash? ARS still a pain in the backside for CFOs Health-care reform verdict? People are cattle