baronoff

Quote of the Week: Lots of M&A Talk, Little Action

by

November 2, 2012

“This is the busiest slowdown in M&A activity I’ve ever seen…”

 

Who said it : Steven Baronoff, global head of M&A at BofA,

 

In Context: Speaking at Bloomberg’s Dealmakers conference, Baronoff said that while banks are able, ready, and willing to finance deals, the hold-up is CEO’s concerns about the US economy, the debt crisis in Europe, presidential elections  and the economic slowdown in China. According to mergermarket data, US M&A volume is down 8.4% year-on-year through October 25.

 

Where we found It: Forbes

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