The media investment bank issued a press release containing the â€śtop 10 reasons why M&A will be stronger in 2009.â€ť
The No. 1 reason is that media, marketing and technology companies are â€śpruning the portfolio,â€ť trimming noncore assets in an attempt to make acquisitions of high-growth businesses. No. 2 is the â€śretooling imperative.â€ť It is now a necessity for media companies to retool for digital, and many are looking to acquire digital businesses.
The other eight reasons can be found at www.jegi.com.