One might think that this hyper-connected world would promote speedier deals, but this isn’t always the case — especially when conducting cross-border M&A.
The U,S. Treasury Department issued rules to inhibit companies from pursuing so-called tax inversions. M&A is on the rise, but inversions aren’t the cause.
Contrary to news, tax inversions rarely drive M&A deals. That particularly applies to Burger King Corp.’s proposed $11 billion buyout of Tim Hortons Inc.