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Serial deal maker Brad Jacobs looks forward to a looming US recession while he hunts for another takeover. “It’s a good time to do my next big thing,” the 66-year-old billionaire explains. “A downturn creates buying opportunities for acquirers with capital like me.”
Jacobs has done more than 500 takeovers during his long career, typically by swallowing smaller players in fragmented markets. He stepped down this fall as chief executive of XPO Logistics, the transportation giant he built through aggressive acquisitions and organic…
