More hostile takeovers may be coming in the M&A world, banker says [buyout/ takeover]

There’s a chance that more hostile takeover efforts may be coming to mergers & acquisition world as potential buyers are thwarted by firm’s who’s valuations have tanked, according a UBS banker.
“There is still a little bit of price stickiness in the M&A market where sellers are looking backward in terms of valuations [rather] than forward or at the equity markets and trading,” Hourihan said at a UBS Capital Markets and M&A Media Roundtable on Tuesday.

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