WHERE DID ALL THE DEALS GO?
Uncertainties about valuations are holding back transactions
H. Gammer

M&A transactions involving small and medium-sized manufacturers arguably have been more severely affected by the lingering crisis than any other industry segment. Even though credit has shown signs of easing and economists predict a return to steady – albeit slow - growth, transactions in this sector remain limited in number.

NEVER WASTE A GOOD CRISIS
Looking Beyond the Horizon
J. Pisani

Much has been written and much will be written about the magnitude, cause and cure for the current global recession that has profoundly affected corporate and individual lives around the world. Since we do not know how much economic activity will drop and for how long, corporate management, like the consumer, has reacted in the same way.