Well, that was not very exciting.
The first half of the year was pretty quiet, story-wise. It was like watching a New Jersey Devils game back when they ran the trap. Sure, people were out there playing hockey. And they even won games. But it wasn’t much to look at.
Same for the past six months in deals. There was no giant and potentially messy Barrick Gold Corp. financing, no complicated BlackBerry Ltd. rescue, no threat that Verizon Communications would invade the Canadian telecommunications market. There were no unexpected government denials of transactions (that we know of). The big deals announced so far have been largely clean and sailed through with few issues. They were, in short, kind of boring. Which is good if you’re an executive doing the deal, and less good if you are me.