Thursday, January 11, 2007

Survey: Mergers will continue this year

January 10 - Memphis Business Journal - 2007 is expected to be another strong year for mergers and acquisitions. In a December survey by the Association for Corporate Growth and Thomson Financial, Memphis merger professionals expressed high confidence in M&A activity going into 2007.

"An abundance of private equity capital, relatively low interest rates and the resurgence of strategic buyers all helped drive record M&A activity in 2006," Randy Karchmer, president of ACG Memphis and managing director at Morgan Keegan & Co., stated in a release. "None of these are in short supply as we enter 2007. We expect the global M&A machine to continue to fire on all cylinders." Read More.

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