
Monday we noted
three hostile deals abandoned in one day.
Tuesday Rob Kindler, a vice chairman at Morgan Stanley in New York, weighs in via a Bloomberg article: "With credit markets now in total disarray,
M&A will be exceptionally slow for the rest of the year, excluding deals driven by the financial crisis. ... Even healthy companies are focusing on their own liquidity and balance sheet issues rather than M&A." -
Baz Hiralal
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