Acquisitions Hit Record High

Low interest rates and limited opportunities for companies to build their bottom lines set the stage for a record-setting year in acquisitions.

The Associated Press reported that Dealogic, a financial data provider, said companies around the world spent $5.04 trillion on acquisitions in 2015.

That represents a 37% increase compared to the previous year.

Industries that saw the highest-dollar acquisitions were pharmaceuticals, beer, oil, and computers/data storage. S