M&As down 50 percent.With the slowing economy and weakened weak·en tr. & intr.v. weak·ened, weak·en·ing, weak·ens To make or become weak or weaker. weak  en·er n. newsletter businesses, the
pace of newsletter and directory company acquisitions was down
dramatically in 2002, reported merger and acquisition advisory firm
Whitestone Whitestone may refer to:
1. Contraction of who is. 2. Contraction of who has. who's who is or who has who's short for who is, who has. Buying Whom reference book. The number of transactions was 17, down more than 50 percent from the 2001 total of 35. The dollar value of these transactions was down by an even greater amount--just $42 million in deal value for 2002 versus $198 million in 2001. "With lower profits, owners considering the sale of their company are likely waiting for better results to capture a higher price should they sell," said Whitestone associate Jenifer Lindenman. "Buyers, for their part, are concerned if the dip in direct mail results is a signal that newsletters are losing out to the web and making their businesses less viable." 1350 Avenue of the Americas A·mer·i·cas , the See America. , #1200, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10019, 212-957-7100, fax 212-000-0000. www.whitestonecommunications.com |
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