In the Headlines
January 15, 2010
Attorneys hope pent-up demand will unlock M&A
Jacksonville Business Journal
Mergers and Acquisitions partner Ivan Colao was quoted in the article "Attorneys hope pent-up demand will unlock M&A" published in the Jacksonville Business Journal on January 15, 2010.
The article discussed the global financial crisis, business owners' uncertainty and banks reluctance to release credit, which contributed to less merger and acquisition activity during the past year. Mr. Colao indicated the market for mergers and acquisitions was "basically dead" during the end of 2008 through the start of 2009. He noted that activity has begun to pick up, however, especially among medium and large-sized companies with access to funds.
The article discussed the global financial crisis, business owners' uncertainty and banks reluctance to release credit, which contributed to less merger and acquisition activity during the past year. Mr. Colao indicated the market for mergers and acquisitions was "basically dead" during the end of 2008 through the start of 2009. He noted that activity has begun to pick up, however, especially among medium and large-sized companies with access to funds.