Mergers and acquisitions practices are flying in the face of acredit crunch, but not all corporate attorneys agree as to why orfor how long.
The downturn in the economy has undoubtedly had an effect on theM&A market, attorneys agree, but some just see a shift in thefinancing rather than a slowdown.
Private equity firms are dropping out of deals and strategicbuyers are taking their place, one attorney said. Another saidstrategic buyers are biding their time to see what the market doesbefore throwing big money into a deal.
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