M&A Outlook Remains Hazy

‘Bumping Along the Bottom’ and Uncertain About the Future Chemical M&A, like the economy itself, has stepped back from the abyss. But that does not mean activity is near anything approaching normal levels, nor that confidence has been restored. Though the market has stabilized, activity remains tepid, bankers say. Young: Buyers move to the sidelines. Zachariades: Be prepared to hang on until 2011. The economic crisis has forced financial buyers to the sidelines and industry buyers to retreat as they focus on conserving cash, says Peter Young...

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