Acquisition Lifeline: For Some Firms, Getting Bought Is the Difference between Staying in Business and Going Under

July 9, 2018 – Media Mention
The Real Deal

Richard Morris was quoted in The Real Deal, discussing M&A as a survival technique for businesses. While mergers and acquisitions are typically utilized for company growth and expansion, for some firms they are the final lifeline before going bankrupt. Morris explained how the M&A process is increasingly difficult for private firms, with negotiations around noncompete clauses, employee agreements, performance guarantees and other considerations that need to be made. Morris said, “The thing that’s different about a private deal and a public deal is really that the sellers are still around after the transaction closes.”