Despite 2019 being a record year for M&A activity, 2020 will likely see fewer deals consummated, due to the coronavirus, according to recent M&A reports.
“At a time when uncertainty abounds, the need for qualified advisors supporting their business owner clients is at a historic high," said Jared Johnson, CEO of the Business Enterprise Institute.
The publicly traded company will now buy HK Financial Services for $100 million, down from $160 million in the original agreement, but adds a contingency agreement for performance based payouts.
