Last-Minute Merger Cancellation Unusual But Not Unheard Of, Analysts Say
Published by Law.com, January 8, 2021
Lisa Smith is quoted: Lisa Smith, a principal at Washington, D.C.-based Fairfax Associates, estimated that maybe one out of 10, or one out of every 15 combination discussions actually advances to the merger stage. The top reason so many don’t go further? Conflicts, she said.