Big Deals Slow as Uncertainty Persists in Trump Era

By Liz Crampton, Bloomberg BNA

Mega-deal activity in the U.S. has slowed as doubt continues about President Donald Trump’s administration’s direction, according to M&A and antitrust attorneys.

A lack of permanent antitrust leadership has created uncertainty on Wall Street about dealmaking. That unease could mount as there’s no clear timetable for when the Senate will confirm the Justice Department’s antitrust nominee and when the White House will name its picks for the Federal Trade Commission.

“You would expect it to be pretty robust and business friendly administration. But frankly, there’s a lot of heads still missing in key positions in ...