"There is some hesistancy in cross border given the new administration," says Nixon Peabody's Adam Gwaltney at ACG Boston's DealSource select. "I would say the levels of activity are down somewhat from 2016."
Increased activity may be stemming from the desire of many companies to make a move overseas now, as a hedge against possible future trade restrictions.
Ant Financial raised its agreed offer for MoneyGram International Inc. by 36 percent as the financial-services company controlled by Chinese billionaire Jack Ma tries to top a competing offer and overcome security concerns.
