- December 6, 2025
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'Fun Again'
Merger and acquisition activity picked up in 2003 after a bad year in 2002. Some predict 2004 will be even better.
NEW YORK (Bloomberg) - Goldman Sachs Group Inc. and Morgan Stanley extended their lead over the world's largest financial institutions in the global mergers and acquisition business by arranging the year's biggest takeover - the $48 billion purchase of FleetBoston Financial Corp. by Bank of America Corp.