FT SeriesM&A outlookDeal activity has started strong in 2018. What are the prospects from here?Media groups face choice of eat or be eatenMurdoch’s exit from Fox and the threat from streaming leads smaller players to reconsider dealsM&A boom heightens fear of credit cycle nearing peakLeverage levels on Thomson Reuters and Dr Pepper Snapple deals raise concerns for investorsBlackstone aims to supercharge Thomson Reuters unit with $17bn dealAnalysts expect M&A in financial data industry where Thomson family still lags behindJAB bets on hot and cold drinks combinationGroup hopes Dr Pepper Snapple deal will give it an edge over rivalsGlobal dealmaking runs at fastest clip since 2000Total of $273bn in mergers and acquisitions for January is busiest since dotcom boomDrugmakers ‘flush with cash’ and hunting for dealsJanuary M&A surge prompts questions over valuationsMore from this SeriesReinsurance pain could be M&A bankers’ gainWith premiums under pressure, consolidation could intensifyPrivate equity: flood of cash triggers buyout bubble fearsThe buyout sector is on a tear as investors hunt for higher returns. But some fear a dangerous new cycleDisney-Fox deal heralds a new dawn in tax-related M&ACut to US corporate tax levy expected to clear path for more dealmaking