“Big Oil, Big Deal” (CNBC)

December 14, 2009

Mr. Aquila was interviewed on CNBC's Closing Bell segment “Big Oil, Big Deal” about the mergers and acquisitions market. He named technology, financial institutions, health care, energy and basic materials as sectors in which to expect high deal activity, noting the increase in cross-border deals. Mr. Aquila also discussed deal structures, comparing stock and cash deals. “I think we're going to see more stock deals, but we're also going to see a lot of cash deals.…Now that stock prices have come back a fair bit over the last six months, companies are willing to use their stock as currency.”