Mergers and Acquisitions
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Deal Doldrums
With valuations continuing to fall in the uneasy M&A market, buyers and sellers aren't seeing eye-to-eye.
November 24, 2009
Despite recent news of some stirrings in the market—like the bidding war for Cadbury and Hewlett-Packard's deal for 3Com—the M&A landscape continues to be marked by uncertainty and, for the most part, inaction. A recent report by The Boston Consulting Group forecasts total deal value could decline 46% in 2009 from last year. Read more...
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Ghosts of Barbarians Limit New NOL Carrybacks
A specter of the old Barbarians at the Gate era emerges as companies hoping to take advantage of the net-operating-loss tax rules enacted last week may be limited by a 20-year-old law passed after the RJR Nabisco leveraged buyout. November 16, 2009
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Invesco's Tax-Free Deal for Van Kampen
Invesco's foreign status makes a tax-free acquisition of Morgan Stanley's retail Van Kampen business a little more complicated, but not out of reach. November 9, 2009
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Mergers: When Will Action Replace Talk?
Due diligence that usually would be three or four months now takes eight or nine months, an M&A lawyer says. November 6, 2009
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"The Worst Is Behind Us."
Networking giant Cisco Systems is emerging from the recession with a new focus on the future. An interview with Frank Calderoni, EVP and CFO at the company. November 1, 2009
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Sticking-Plasters of the Universe
The buy-out barons say the worst is over. They would. October 29, 2009
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What a Difference a Day Makes to Some Mergers
Last week, Equinix announced it was acquiring Switch & Data in a cash and stock deal. But the deal timing, and its prospects for tax-free treatment, will be constrained by IRS rules. October 26, 2009
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PwC: Sour Economy Sparks Divestitures
Companies will soon spin off and carve out more pieces of their empires, finance execs say. October 20, 2009
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Spin-off Options Abound for Bristol-Myers Squibb
Bristol-Myers Squibb holds more than 80% of Mead Johnson's shares. Nevertheless, it should be relatively easy to structure a tax-free divestiture. Here are a few reasons why. October 19, 2009
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Waiting for the Dough
The CFO of a start-up maker of medical devices is prepared for years of intense capital-raising efforts and tough cost-allocation decisions on the way to profitability. October 16, 2009
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