Deals

Election Uncertainty Could Hamper Rush to Finish 2020 Deals

  • Third-quarter M&A reaches $463 billion in U.S. transactions
  • Election, Trump’s health, market volatility worry dealmakers
Joe Biden and Donald TrumpPhotographer: OLIVIER DOULIERY/AFP via Getty Images
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The pandemic turned out to be a short-lived blow to mergers and acquisitions. Dealmaking rebounded sharply in the last three months as companies revived deals that had been on hold.

Now, Wall Street is worried about the rest of the year. It’s typically a strong period as companies race to complete mergers before year’s end. But 2020, of course, is far from typical.