Saturday, July 21, 2007
Last March, I mentioned my friend Tom Roberts (right), the lead partner in corporate and M&A at Weil, Gotshal & Manges in New York. Tom's comments are featured in this week's Time in connection with the tailing off of the hottest buyout cycle in history. Says Tom: "There has never been a buyout market that has been this frothy. [It] looks like it's at the top."
I now understand why he has not returned my calls for two years.