At the end of the day when they step back and look at it, fundamentally their view can't be changed by this. |
China and India have rapidly growing economies and a great challenge for them going forward will be finding energy assets to keep their economies growing. |
Essentially, they (Guidant) are going to say ... yes there have been issues at Guidant, but do those issues give rise to a right on the part of Johnson & Johnson to walk away from the transaction? |
Essentially, they (Guidant) are going to say ... yes there have been issues at Guidant, but do those issues give rise to a right on the part of Johnson & Johnson to walk away from the transaction? |
I have to believe, given the level of discussion I've heard about it, that bankers are certainly out there identifying companies that are repatriating large sums and doing what they can to get their business. |
I think we're going to see the most direct impact in 2006 and 2007, and maybe some further impact in 2008. |
It's very clear Boston Scientific is not making this acquisition for what this company can do in 2006, 2007. This is a long-term strategic acquisition for them. |
Most people are of the view that this is long overdue. It probably would have happened a few years ago had there not been the criminal and accounting issues around Tyco. |
Most people are of the view that this is long overdue. It probably would have happened a few years ago, had there not been the criminal and accounting issues around Tyco. |
My gut tells me that these guys will renegotiate the price and there will be a significant haircut. Assuming they're reasonable and want to get the deal done, there's got to be some middle ground they can find. |
Neither company has a strong interest in seeing this resolved in the court. |
The level of activity has been building up the last month or two. We have a very strong pipeline headed into 2006, as do most of the M&A law firms and the investment banks. |
There is really a trend of consolidation across many, many industries and geographies, ... The pipeline is full, and I think we'll see a lot of transactions in the next few months. |
There is really a trend of consolidation across many, many industries and geographies. The pipeline is full, and I think we'll see a lot of transactions in the next few months. |
When all is said and done, what you'll probably see is some sort of negotiated settlement here, whether it's a breakup fee, or lower purchase price, |