Daily News: October 25, 2012

CFO: Looming Fiscal Cliff Speeds Mergers


CFO reported that the potential expiration of the Bush tax cuts and the projected economic fallout from federal government tightening have business owners highly motivated to complete pending sales before the end of 2012.

CFO added that acquirers, especially those in industries that are rapidly consolidating, say the impending changes to the tax code – the end of some business tax breaks and higher rates on capital gains and dividends – have lit a fire under business owners.

To read the full CFO article, click here.