Don’t expect tax reform or the stock market’s gains to reverse the recent slowdown in merger and acquisition activity. The reason: The prices just ain’t right.
Last year saw $2.93 trillion in mergers and acquisitions close in North America and Europe, a 15 percent decline from the amount recorded in 2016. The falloff was more severe relative to deal volume, as the 19,510 transactions recorded in 2017 marked a 16.8 percent decline from the prior year, according to data compiled for the Business Journals…
Atlanta Business Journal
The Price is Wrong: Why merger activity is slowing in Georgia and, well, everywhere