Mergers and Acquisitions: M&A’s Class Struggle

Carl Norton, founder and CEO of Nationwide Graphics, sees financial institutions wielding much influence over the tone of industry deals as the year wears on. "When bank lending eases up, we will see smaller companies making strategic mergers and acquisitions," he says. "I believe that financing will play a major role in facilitating the smaller deals since smaller, privately held companies usually don't keep an abundance of liquidity on their balance sheets."