Florida M&A activity poised to rise - South Florida Business Journal:
Florida dealmakers said merger and acquisition activity is all but dead this year, but an Association for Corporate Growth/Thompson Reuters poll found 71 percent expect the market to pick up in 2010.
Ninety-five percent of dealmakers polled characterized the current M&A market as fair or poor, but 71 percent said they expect activity to increase next year.
The dealmakers said it remains a buyers’ market for strategic investors. They identified the hottest areas for mergers: health care and life sciences (22 percent), financial services (19 percent) and business services (19 percent).
The survey is conducted twice each year. The most recent poll, undertaken in October and November, was completed by 921 association members and Thompson Reuters customers, including 38 in Florida.
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