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> What M&A are you familiar with that they can typically happen in a 6 day timeframe? Virtually every single bank failure that happens results in an M&A that i
by freddie_mercury 3y ago
> What M&A are you familiar with that they can typically happen in a 6 day timeframe?
Virtually every single bank failure that happens results in an M&A that is negotiated over a weekend.
Most recently Credit Suisse collapsed in March. UBS bought it on Monday, March 19, after negotiations began on Friday, March 16. UBS offered a price that was 60% lower than the Friday closing price. The deal was accepted.
- alex028502 3y agoInterestingly in this case an "approval" similar to the one we are talking about did happen over that weekend didn't it? I think the approvers brokered the deal.
- abenga 3y agoRegulators were concerned about a collapse causing contagion that results in a financial crisis. Would they care to do that for a little startup with a few dozen employees?