Private equity firms and a globalized economy are key factors in what has turned M&A into the major growth engine of the 21st century, and also what will sustain it. This assessment was set forth by Edward Rimland, managing director at Bear Stearns and Matthew Harris, managing director at Credit Suisse First Boston at last week’s Mergers & Acquisitions Advisor annual conference last week. The two bankers also pointed out that both executives and investors are more comfortable than ever with M&A activity as a means for growth.

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