Everything Must Go

Davis, Avram
September 2009
Mergers & Acquisitions Report;9/14/2009, Vol. 22 Issue 37, p15
This article explains the importance of patience to the merger and acquisition market in the U.S. in 2009. It reflects on the case of activist investor Kirk Kerkorian who sold his stake in Ford Motor Co. in response to the recession. It consider the sale as one of the worst-timed investment departures. It advises to be patience and wait for industries to recover from the impact of the recession.


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