The headlines this summer are dominated by talk of the “credit crunch.” Many pundits are predicting that tightening in the debt markets will bring an end to the frenzied merger-and-acquisition environment. Although this may be the case in other industry sectors, I do not believe the current credit woes will curtail M&A activity in the defense and government services arena in the near term.
Let's hope he is correct.
2 comments:
I think we need to be more worried about what's going to happen to the war economy.
Never mind the war economy, I'm more worried about the war.
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