This is part two of a series focusing on current M&A
trends, opportunities and challenges.
The global COVID-19 pandemic has had a significant impact on
financial markets. Many businesses were (and some still are) closed
on a temporary or permanent basis, causing stock market volatility.
At the beginning of the pandemic, we saw markets tumble and many
companies lose considerable value in their market capitalization,
and, in some cases, in the actual value of the company. While the
markets rebounded as the pandemic progressed, with a second wave
upon us, COVID-19 is once again negatively affecting the markets
broadly and the stock prices of individual companies.
As we continue to adjust to the realities of living with
COVID-19, for at least the foreseeable future boards of directors
of public companies will face numerous challenges. One such
challenge is being prepared for potential offers to acquire the
company. In discharging their duties, directors have a