'Another Wave' of M&A Activity on the Horizon: Cantor Fitzgerald CEO
March 05, 2013 at 11:05 AM EST
The stock market is on solid footing right now, bolstered by the strength of corporate balance sheets, said Cantor Fitzgerald CEO Shawn Matthews Tuesday on "Squawk on the Street." He predicted that a new "wave" of M&A activity will follow in the near term as corporate cash is put to work.