A few weeks ago, we quoted a banker friend who warned us that come September activity would begin to pick up. He was wrong by a few days. But he was correct in hinting it would be significant. This week saw A.P Moller make an offer to acquire Brostrom’s in a major consolidation move. SPACs, too, were active as one found a deal to propose while another closed its deal. Finally, hard data shows that shipping at least in Germany appears to be immune to the
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