Posted 3/28/2024, 9:35:37 AM
Stocks Set for Quarterly Gains Despite Flat Session; Take-Two Bids for Gearbox as M&A Surges
- U.S. stock futures flat on Thursday but major indices set for strong gains this quarter
- Take-Two seeks to acquire video game company Gearbox Entertainment for $460 million
- UBS still reviewing Credit Suisse's accounts a year after acquisition; risk of undetected "material error" remains
- Global M&A volumes surge 30% in Q1 2024 to $755 billion, led by deals in U.S. and Europe
- Oil prices rise on tight supply outlook; both Brent and WTI on track for 11-14% gains this quarter