Daugherty Quoted on Increased Deals Following Financial Crisis
21 August 2010Inside Investor RelationsNews
Foley Partner Patrick Daugherty was quoted in an article that appeared in Inside Investor Relations on August 21, 2010 titled "M&A returns but with new complications." Daugherty discusses the new hurdles that have emerged as lending activity begins to increase in the wake of the financial crisis. He states that M&A activity has picked up for businesses that have a record of profits and reliable cash flow, but notes that good deals are not being financed with the same liberality that immediately preceded the financial meltdown.