Bloomberg Tax recently published an article written by Shulman Rogers’ Tax attorney, Nancy O. Kuhn in its January 2023 Tax Management – Estates, Gifts and Trusts Journal.
Shulman Rogers Bankruptcy, Restructuring and Creditors’ Rights attorney, Michael Lichtenstein was honored to be published in the American Bankruptcy Institute’s Journal.
In this second alert in our series discussing M&A in the COVID-19 era, we will address potential acquirers in the marketplace. As we posited in our last release, the COVID-19 pandemic will most certainly create opportunities for buyers poised to act fast to seize good deals when they arise.
We are now more than a month into the U.S. COVID-19 shutdown and several months into the broader global crisis. The impact on U.S. and global M&A activity has been both sudden and severe. Global M&A for Q1 2020 is down 33% as compared to Q1 2019; and the value of announced mergers in the U.S. is down more than 50%.