Jeffrey Kaplan, former global head of M&A at Bank of America Merrill Lynch who will soon be COO of Appaloosa Management LP, predicts a strong year for M&A in 2011. But, he says, uncertainty in the Middle East and elsewhere could cloud the outlook, if CEOs and boards react by pulling in their horns. - Vipal Monga Share:
Real estate investment manager Clarion Partners LLC hired Michelle Levy as chief operating officer of the client capital management group, based in New York. For other updates launch today's Movers & shakers slideshow.
After announcing in July that it was exploring strategic alternatives, TeleCommunication Systems Inc. has agreed to sell to Comtech Telecommunications Corp. in a transaction with an enterprise value of $430.8 million. More video