Focus (Forum & Focus)
May 16, 2009
Undone Deals
Gibson Dunn lawyers analyze the factors that helped contribute to so many cratered mergers in 2008.
FOCUS COLUMN
By Raymond Yee, Kyle Kreiss, Chris Bors and Mark Riso Mergers and acquisitions have been hit hard by the downturn, with Thomson Reuters reporting that the ratio of "withdrawn deals" to completed deals in 2008 was at an all-time high - higher even than during the tech meltdown of 2001. The U.S. deals identified by Thomson Reuters in 2008 (including 11 deals announced in 2008 that cratered in early 2009) are composed of approxi...For only $95 a month (the price of 2 article purchases)
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