May 20, 2009
Why deals died
Lawyers at Gibson, Dunn examined the 70 U.S. deals identified by Thomson Reuters' as"withdrawn" in 2008. The two largest causes of the busted deals? No surprise here: (1) almost 40% of the deals fell apart because of a deterioration in the condition of one or more of the parties and (2) another 21% failed due to the buyer's inability to obtain financing. You can read the full report here.
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