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eBook details
- Title: Springing Into Action: Mergers and Acquisitions Offer Hope During Recession, But Can Backfire if Not Carefully Handled, Reports Archana Venkatraman (Business and Market)
- Author : Archana Venkatraman
- Release Date : January 01, 2010
- Genre: Engineering,Books,Professional & Technical,
- Pages : * pages
- Size : 65 KB
Description
The information industry looks set to continue its merger and acquisition (M&A) activity in 2010. But with recession clouds lingering over the economy corporate ambitions could still be thwarted by wary shareholders and bankers without the cash to back the proposed deals. This was certainly the case for publisher Informa and German academic publisher Springer. At the end of 2009 Informa turned its back on the purchase of Springer Science + Business Media because, according to Reuters, it felt it couldn't do a deal in the time required by the debt-laden firm's private equity owners.
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