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Myth

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Re: SLC-JD post# 55658

Friday, 11/12/2021 11:06:02 AM

Friday, November 12, 2021 11:06:02 AM

Post# of 65770
Hey JD, just wondering why you think the co is " non-operational " ?

I've never heard of an acquisition being held for closing until Jan 1 for any of those reasons you mentioned. While it might be " easier " for the buyer one would thing the seller would want to get it done asap.

This I found interesting, 2020...

The monthly data show that, in addition to an end-of-year rush in deal announcements, December also saw a rush in deal closings. A total of 952 deals closed last month—the second-highest number of completed deals for any month in the past two years, and a number reassuringly close to 2019’s December monthly total of 1,085.

https://news.bloomberglaw.com/bloomberg-law-analysis/analysis-2020-m-a-closings-and-terminations-show-resilience
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