Normally, my posts describe and analyze specific niche aspects of an M&A deal in order to provide what I hope readers deem as helpful advice.\u00a0 While the material below initially follows the same roadmap, I also wanted to take this unique opportunity during the COVID-19 pandemic to raise a glass to all of the frontline healthcare, grocery, transit, and other workers risking their lives on a daily basis to save ours, as well as those working in the M&A sphere, including my colleagues and clients, and their advisors and representatives (and dare I say even opposing parties and their teams) who have stepped up their game with respect to collegiality.<\/p>\n
As mentioned above, the COVID-19 pandemic has upended the world in countless ways, with healthcare M&A transactions of course having not been spared.\u00a0 Many promising deals have been placed on hold and the ones powering through will now encounter new hurdles to clear before closing.\u00a0 Here are some quick issues that M&A parties should consider with the current state in mind.<\/p>\n
The Deal Itself<\/u><\/p>\n Again, I am happy to report that in my experience, the players behind the deal have largely exhibited a much more cordial and empathetic tone during the COVID-19 pandemic, and I have noticed some very encouraging signs recently.\u00a0 In addition to a generally softer and more understanding or forgiving tenor, the typical greeting or sign off has resembled some variation of the following: \u201cI hope all is well on your end, and you and your family are staying safe and healthy during these challenging times.\u201d\u00a0 While it is true that this clause is often stated in response to something similar initiated on my end, I have also observed several opening iterations from all of the M&A players.<\/p>\n It is easy to brush these interactions off, but providing professional services and doing business in a high stakes and fast paced industry is stressful enough (especially at this point in time) so when your \u201cadversaries\u201d become a little less so it makes life that much easier; not to mention treating people with respect is the right thing to do, of course.\u00a0 My hope is that this type of behavior will last beyond the current state of affairs, but only time will tell.\u00a0 Have you noticed similar changes in the world of M&A?\u00a0 If so, do you think such conduct will survive beyond the COVID-19 pandemic?<\/p>\n David Kahn practices in the area of healthcare law, concentrating on Mergers and Acquisitions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Normally, my posts describe and analyze specific niche aspects of an M&A deal in order to provide what I hope readers deem as helpful advice.\u00a0 While the material below initially follows the same roadmap, I also wanted to take this unique opportunity during the COVID-19 pandemic to raise a glass to all of the frontline … <\/p>\n\n
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