Mergers and acquisitions have been a mainstay of Corporate America for more than a decade, first as sky-high stock prices and then a flood of private equity gave companies oodles of purchasing power to do deals—the bigger, the better.
No more.

Mergers and acquisitions have been a mainstay of Corporate America for more than a decade, first as sky-high stock prices and then a flood of private equity gave companies oodles of purchasing power to do deals—the bigger, the better.
No more.