With IPOs Shaky, Sale to Strategics Emerge As Preferred Exit
It’s been a few days since the Quebec City conference ended and I’ve learned that a survey found attendees are more positive about increased deal flow in fourth quarter, while a sale to a strategic is now the preferred exit route. More than one-fifth, or 22%, of those attending the conference expect to see a 50% surge in M&A during fourth quarter compared to the same time period in 2009, according to Thomson Reuters. Nearly half, or 47%, think M&A will increase by 10% in the fourth quarter. Another 24% expect deal flow to remain flat in fourth quarter. Amazingly, 2% of attendees think deal flow will jump by 100%, while 5% believe deal flow will drop in fourth quarter.
28 October 2010•2 mins read
