TICK-TOCK, SAYS THE BUYOUT CLOCK

Private equity firms have $900 billion in dry powder to invest, the Deal Professor reports. That's in addition to the record $1.24 trillion of cash sitting on the balance

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Private equity firms have $900 billion in dry powder to invest, the Deal Professor reports. That’s in addition to the record $1.24 trillion of cash sitting on the balance sheets of non-financial companies. Call me crazy, but this is going to be one heck of an M&A cycle. . . .