As expected, mergers and acquisitions activity in 2018 is off to a strong start with deal value already reaching $2 trillion this year. Tax reform, which lowered the corporate tax rate from 35% to 21% has certainly impacted activity as many companies are already putting their tax savings to work in deals. One interesting trend we’ve seen …
Tag: T-Mobile
Lessons for the Middle Market from the AT&T – Time Warner Deal
396 days. One year and one month. That is how long it’s been since AT&T first announced it would acquire Time Warner for $85 billion on October 22, 2016. As the AT&T – Time Warner deal languishes in the courts, I am again reminded of the advantages that privately held middle market companies have when …
The Dangers of Getting Swept Away In the Excitement of a Deal
“The danger with a mergers-and-acquisitions boom is that chief executives could allow themselves to get carried away by the thrill of the hunt, reducing their focus on internal investment projects that might have a better chance of bearing fruit,” says the New York Time’s Dealbook column. M&A activity has reached record highs and shows no …
Maximizing Your Resources with Privately Held, Not-for-Sale Acquisitions
Sprint has dropped its bid to acquire T-Mobile due to regulatory pressure. Large, public transactions must be reported and should be regulated by law, of course, but this is an unfortunate setback for Sprint. After investing resources putting together the deal and lobbying for months, the company must walk away from it because of external …