In The Media

Josh Klein Quoted in Law360 Article on Abandoned M&A Deals

Josh Klein, a partner in the Corporate & Securities practice group, was quoted in the article “Six Key Reasons Why M&A Deals Are Falling Apart,” which was recently posted on Law360. The report analyzes the storm of economic, geopolitical and regulatory factors that have brought some recent high-profile M&A deals to a standstill.

Josh described the supply chain issues that are affecting businesses as “a recurring nightmare” when it comes to companies involved in M&A transactions. “Any time the economic climate faces headwinds, buyers are going to heighten their due diligence scrutiny,” Klein said. “And when that occurs, you’re going to see more M&A deals falling off their tracks for many of the same reasons that are slowing the economy.”

 “The extended duration of the supply chain and backlog nightmare continues for many companies even when their suppliers are back online, as the fight among companies for similar components in the market follows,” he elaborated.

Click here to read the article.