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Alan Klein Quoted in Reuters on M&A Market Volatility Surrounding Coronavirus Outbreak
03.02.20
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Alan Klein, Co-Head of Simpson Thacher’s Mergers & Acquisitions Group, was quoted in a Reuters article discussing the M&A landscape amidst the global coronavirus outbreak. The article highlighted the current market volatility and noted that it is likely to cause conflicting pricing perspectives, with potential acquirers looking to seize on targets’ lower valuations and acquisition targets aiming to have buyers value their shares close to their 52-week highs. “Volatility is bad for dealmaking,” said Alan. “It throws off your ability to appropriately gauge if it’s a good time to buy or a time to sell.”
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