Iran War, SaaS-pocalypse Loom Over Already-Sluggish Sports Deals

Mergers and IPOs this year were already on life support due to the so-called “SaaS-pocalypse” that caused a runoff in software stocks in February. The war in Iran just delivered another setback to the flailing dealmaking environment. The number of U.S.-announced mergers dropped by about 23% to 1,795 as of March 9, according to Dealogic. […]