Pittsburgh Corporate Attorney Tom Thompson Quoted on Rise in M&As in Tribune-Review Article

Thomas M. Thompson, a shareholder in the Corporate Finance & Technology Section of Buchanan Ingersoll & Rooney's Pittsburgh office, was quoted in May 13, 2010, article published by the Pittsburgh Tribune-Review and picked up by the American Chronicle.

As reported in the article, titled "Merger activity mounts," "Merger and acquisition activity in the Pittsburgh region is up 93.6 percent from a year ago — a sign that investors are starting to jump into deals again as the economy improves and companies increase in value, experts said. … Investment banking firm Strategic Advisors Inc. said 60 deals completed during the January through March period involved buyers, targets or sellers from the region. That's up from 31 acquisitions in the same three months a year ago."

Thompson weighed in saying merger and acquisition activity likely will continue at a healthy pace this year.

"We are starting to see more activity in terms of deals being discussed," he said. "Part of it is the (larger) banks are at least beginning to talk about supporting acquisitions, and some of the regional banks are beginning to step in on smaller transactions."