"U.S. Mergers May Recuperate on Signals 'Market Bottom' Is Near"

Bloomberg - March 18, 2009

SULLIVAN & CROMWELL LLP Partner Frank Aquila was interviewed by Bloomberg for an article on how U.S. mergers and acquisitions may be headed for an unexpected recovery as cash-rich companies pursue rivals struggling with depressed stock prices. "Clearly this is the time to make an acquisition if you are a company that has the cash," he said. "The best returns have come from acquisitions done during an economic downturn."