Frank Aquila Interviewed on Bloomberg’s "Taking Stock"May 20, 2013
On May 20, Mr. Aquila was interviewed on Bloomberg’s "Taking Stock." Mr. Aquila discussed recent M&A activity with Bloomberg anchor Pimm Fox. Mr. Aquila pointed out that although U.S. M&A activity is up somewhat so far this year, global merger activity remains low and that recent deals have been concentrated in the healthcare and tech sectors. Fox asked whether the low interest rate environment would be a catalyst for more transactions. Mr. Aquila responded that most potential acquirors have sufficient cash reserves and access to additional cash at historically low cost, but while that should lead to a sharp increase in acquisitions, it has yet to do so this year.