Can anyone provide an in depth explanation of how the new tax bill will (in your opinion) effect M&A

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Target companies with higher debt levels are penalized by the change in interest deductibility, which increases cost of capital and could make those companies less attractive from a financial statement perspective. Higher cash balances from large multinationals being repatriated to the US will not increase investment as much as it will increase corporate actions, such as M&A activity.

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M&A activity increases. Boom. MD level analysis there. Buy side baby. Crushing it.

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How you differentiate investment vs 'corporate activity' . Great response btw

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No more inversion trades

That’s a good point. I suppose I meant investment as in building new plants, investing in jobs, etc

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