Merger Preparedness – Seizing the Strategic Opportunity
Will you be ready when the next merger opportunity comes along?Tuesday August 25, 2020 1:00 PM ET
While the pandemic may have slowed M&A activity, it has not changed the long-term industry consolidation. In fact, Cornerstone Advisors expects activity to accelerate post-COVID as banks “on the fence” realize that long-term shareholder value will come in the form of a merger.
Because you can’t time a merger like you can a strategic initiative, it is imperative for boards and management to be prepared to evaluate and potentially execute a merger if and when the opportunity emerges.