Tuesday, February 05, 2008

Morgan Keegan division reports M&A activity

February 4 - Memphis Business Journal - Shattuck Hammond Partners has announced or completed 12 health care related mergers and acquisitions during the last six months, parent company Morgan Keegan & Co. Inc. said Monday.

The deals have a combined value of almost $2.1 billion and demonstrate that the market for such activity still exists, said Michael B. Hammond, managing director for Shattuck Hammond.

"From what we're seeing so far, the turmoil in the debt markets has generally not materially impacted transactions under $500 million," Hammond said. "Based on our transaction pipeline and overall view of the health care services industry, as well as the health care M&A market, we believe this trend will continue in 2008." Read More.

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