Friday morning we noted that one industrial exec -- David Speer, CEO of Illinois Tool Works Inc. -- expects that in 2009 that many targets will be
resistant to selling at reduced prices.
Now here comes another industrial exec with a different take. In an interview with Reuters published Friday, Dave Anderson (pictured), CFO of Honeywell International Inc., said he expects
more companies to become available, and at attractive prices:
"You will definitely see, I think, a reset of valuations, lower valuations and you'll also see more availability, more people either having to sell or wanting to sell. People will be open to sell in this environment," he said. -
Kenneth Klee
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Juergen Lasowski
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