“Will M&A Reignite the Stock Market?” (CNBC)

February 22, 2010

Mr. Aquila was interviewed on CNBC's "The Call" about the current M&A market. He noted that despite the slow pace for deals so far this year, it is an appropriate time for companies to pursue M&A transactions while adhering to their corporate strategies. Mr. Aquila also said that there will potentially be an increase in hostile bids, due to companies “flush with cash” that want to do deals and target companies that are below their historic highs that are not interested in doing deals. He named energy, basic materials and consumer products as industries that he expects will see consolidation.