In the past few weeks, we have seen a significant pick up in M&A activity. September is only 9 days old, but it is already the most active month of 2013 with $155 billion in deals announced. Obviously, the $130 billion Verizon (NYSE:VZ) buyout of Vodafone's (NASDAQ:VOD) minority stake leads the way, but Microsoft (NASDAQ:MSFT), Nokia (NYSE:NOK), American Tower (NYSE:AMT), and Molex (NASDAQ:MOLX) have all been active. With rumors swirling around Blackberry (NASDAQ:BBRY) and others, investors are looking to profit from this burst in M&A activity. Buying the next-to-be-bought company is a fool's errand that is a low-probability strategy. I believe the best way to play...
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