Bob Profusek, Global Chair of Jones Day's M&A Practice, discussed the impact of the U.S. midterm elections on mergers and acquisitions on "Bloomberg Daybreak," on November 9.
Mr. Profusek pointed to protectionism and volatility, not the midterms, as the biggest headwinds against M&A, but stressed that the relentless pressures of globalization and technology assure a very healthy M&A market. If anything, he noted, these pressures are accelerating, meaning "companies that just stand still and count on their asset base – you can argue that they are going out of business day by day."
For the full discussion, watch Bob Profusek on "Bloomberg Daybreak."
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