Conglomerates and Large Caps
for large conglomerates and mega caps such as GE, Honeywell, Emerson, Google, Apple, JandJ, Proctor and Gamble. Is covering them as an IB analyst worse then normal? I've heard that because these companies have such strong internal M+A desks that covering these companies are such endless pitches with little chances of actually succeeding. Thoughts?
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