, Columnist
Hey M&A Bankers, Trump Won
The potential for tax reform has them banking on a big year. We'll see.
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A year ago, a Donald Trump presidency didn't appear all that likely. So it felt almost as if Wall Street's dealmakers were speaking of an extreme -- perhaps even amusing -- hypothetical when they picked the "Art of the Deal" author last March as the best candidate for mergers and acquisitions.
Of more than 100 top M&A practitioners and observers surveyed by Brunswick Group at the time, 22 percent favored the "Apprentice" TV-show host. Democratic front-runner Hillary Clinton and the other Republican hopefuls all trailed behind him.