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Lee Meyerson Quoted in Law360 on Banking M&A Resurgence
03.23.17
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Corporate Partner Lee Meyerson was quoted in a Law360 article, “Soaring Valuations Open Doors For A Banking M&A Resurgence.” The article discusses the shifting M&A environment for midsized banks following the election of President Donald Trump, who has pledged to rewrite the Dodd-Frank Act. Lee points out that “[m]any bank stocks are trading at 30 to 40 percent higher prices than the day before the election,” which creates new M&A incentives and opportunities for both buyers and sellers. Bank stocks are getting a lift because of increased interest rates, the expectation of regulatory roll-back and the prospect of corporate tax reform. Lee also notes that the new administration has the opportunity to fill many key regulatory positions, which could provide near-term regulatory relief.
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