Led by Comcast's hostile takeover bid for Walt Disney, 2004's reinvigorated merger market may prove to be the mouse that roared. A trio of bank mergers announced in late February have fueled a rally on Wall Street. Cingular is looking to gobble up AT&T Wireless and Oracle is talking seriously again about grabbing an unwilling PeopleSoft, a deal it first hinted at eight months ago.
The game is afoot. Just look at the scorecard. The latest round of announced acquisition deals, tallied at around 50 as of late February, weighs in at $71.5 billion. That's the most auspicious