World & BusinessGoldman reportedly eyes corporate debt manager Palmer Square
Reuters Breakingviews commentary says Palmer Square manages $37 billion and suggests Goldman's use of deregulation windfalls for acquisitions could pressure peers to follow.
TLDR
Reuters Breakingviews says Goldman is eyeing Palmer Square, a corporate debt firm managing $37 billion, as another takeover target. The commentary argues that few peers have used their deregulation windfalls so acquisitively. Despite what it describes as CEO David Solomon's patchy deal record, it suggests others may feel pressure to follow.
Goldman reportedly eyes corporate debt manager Palmer Square
Reuters Breakingviews commentary says Palmer Square manages $37 billion and suggests Goldman's use of deregulation windfalls for acquisitions could pressure peers to follow.
TLDR
Reuters Breakingviews says Goldman is eyeing Palmer Square, a corporate debt firm managing $37 billion, as another takeover target. The commentary argues that few peers have used their deregulation windfalls so acquisitively. Despite what it describes as CEO David Solomon's patchy deal record, it suggests others may feel pressure to follow.