I don’t typically comment on big deals. I do consider HP’s purchase of EDS, however, a bell-weather for many middle-market M&A Deals. The $13.9 billion transaction, at $25 a share, is anticipated to close by year’s end. This deal will more than double HP's services revenue, which was $16.6 billion for 2007. The two companies' collective services businesses, at the end 2007 fiscal year, saw annual revenues topping $38 billion. The revenue… Continue

Despite cheap money the US economy continues to wobble as we enter the second half of 2008, impacting middle-market M&A deals directly.



In March non-farm payrolls fell for a third straight month and the unemployment rate rose. US construction and manufacturing also took big hits, accounting for March decline in payrolls. Business activity has also slowed but personal spending continues a steady, if lesser, pace. On the plus side, the housing market, which accounted for a 1% loss… Continue