Deals Are Being Dropped as Buyers Turn Wary During the Pandemic
James Stevens, a partner in Troutman Pepper’s Financial Services Practice Group, was quoted in a September 11 Wall Street Journal article titled, “Deals Are Being Dropped as Buyers Turn Wary During the Pandemic.”
Some acquisition targets are giving potential buyers additional access to their loan book to alleviate concerns, said James Stevens, a partner at Troutman Pepper Hamilton Sanders LLP, a law firm.
The additional loan information could help the buyer become more comfortable with the other company’s finances. “People may look at third rails that they can go down in order to bridge the gap of uncertainty,” Mr. Stevens said.