Dealmaking Booms in Hottest First-Quarter Start for Two Decades

  • Bankers, lawyers say next six months will be very busy
  • Vaccine optimism, economic growth are driving record activity
Alison Harding-JonesSource: Citigroup Inc.
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Dealmaking came roaring back in the first quarter, climbing to a record $1.1 trillion as big acquirers moved past the pandemic slowdown and blank-check companies snapped up targets.

It’s the best start of the year since at least 1998, according to data compiled by Bloomberg.