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Richard H. Stowe, general partner at Health Enterprise Partners, spoke Tuesday morning at The Deal LLC's Healthcare Dealmaking Symposium on valuations and the effects of the recession on the sector. "In healthcare M&A right now, there's a bit of a standoff going on. Deals are taking a long time to close, and there's a wide gulf between the expectations of buyers and sellers. There are exceptions, seen in the recent big deals, but below that there's a slowdown," Stowe said.
Among the sectors Stowe sees suffering the most from the recession are:
Overall, his outlook on the situtation was fairly bleak as he commented that "we're just at the beginning. ... Things will get worse before they get better." - George White Categories Deal Video
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