Seeking Alpha

Speculation grows that the investor revolt sweeping the U.K. could claim Glencore's (GLCNF.PK)...

Speculation grows that the investor revolt sweeping the U.K. could claim Glencore's (GLCNF.PK) proposed $66B merger with Xstrata (XSRAF.PK). The culprit likely would be the huge payout for Xstrata CEO Mick Davis, but the end result would be a giant blow to an already weak global M&A market this year; strip out the deal and it is suddenly the lowest level since 2004.
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