Volatile corn prices and frozen credit markets have plunged the ethanol industry into turmoil, underscored by recent bankruptcy filings, including the Oct. 31 filing by VeraSun Energy Corp. [
VSE], the second largest U.S. ethanol producer. In Tech Confidential's Behind the Money video interview, Todd Alexander, a partner with Chardbourne & Parke LLP, discusses the pressures on ethanol companies, including lack of access to capital and questionable political support, and on the deal-making opportunities ahead, especially in
mergers and acquisitons. --
Mary Kathleen Flynn
I agree, merger and acquisition make the ethanol industry more healthy and grow up.
Thanks.