Are some recent, and some planned, mergers and acquisitions in trouble? The New York Times' Andrew Sorkin and PEHub.com's Steven Davidoff took a look at the top deals that investors should pay close attention to.
Even deals that have closed are in trouble, they say. Four buyout-backed companies went out of business in the last week alone. If the companies start liquidating, that's a bad sign.
This climate will test the mettle of the dealmakers.
Things are slow, but the smart firms will keep investing. There will be others that will cut back because they are panicked, or because their companies are in trouble.
CKX/Robert Sillerman & Simon Fuller:
CKX is the owner of the American Idol brand; six months after announcement the proxy statement for the deal has yet to be filed and the financing appears yet to be firmly committed.