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Bounty of Deals Hints at Opportunity to Come

By Jim Cramer

About this article:
What's so compelling about Disney to buy Marvel , Brazil to buy Pilgrim's Pride, Dainippon to buy Sepracor (a core short for many hedge funds!) and Baker Hughes to buy BJ Services ? In all my years in the business, I can't recall more than a handful of deals combined on these dog days. We have to contend with an unprecedented number of deals during a period where there should be no deals at all. And that's not to mention a bunch of smaller ones like the Abbott deal announced last night. What does it say? What does it say when the Japanese, Brazilians and mainstream Americans buy this week? I think it says, wait until next week. Wait until you see what's in the pipeline. In the aftermath of the crash of 1987, we saw a host of companies totally unrelated to the...

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