Wired for Liaison

July 12, 2013

Despite positive momentum going into 2012, it proved to be a tough year for mergers and acquisitions. Deal markets were constricted as investors and acquirers – faced with uncertainty surrounding the European debt crisis and the U.S. presidential elections, among other issues – took a conservative approach to M&A, resulting in a rush to quality. With a wealth of prospective sellers scrabbling for the exits, tight-fisted buyers were able to cherry pick the best companies from among the clamoring hoards
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