How would you feel if your firm got bought by Deloitte?
http://dealbook.nytimes.com/2013/06/10/Deloitte-buys-assets-of-hugh-mcc…
I think this is pretty interesting. It doesn't happen alot does it?
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All I can say is: Wow.
wtf
How do you think this will affect recruiting for them? Do you think Deloitte will handle it?
I suspect deal flow dried up and they needed a partner to help them stay afloat - not repeat a Gleacher situation. Competition is stiff in the middle market
Doubt anyone would buy them if they were struggling. Their deal flow seems decent for the industry I work in.
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