These 7 big Internet companies are ripe to be acquired, says Merrill Lynch

2016 will be a robust M&A market and there are several already public companies that might be ripe for picking, a new Merrill Lynch analyst note predicts.

The large cash balances of large cap internet companies combined with the suddenly attractive small-cap valuations of others may contribute to an uptick in public companies cannibalizing each other.

Here are the seven companies that Merrill Lynch singled out in its analyst note as M&A targets for 2016.