Partner Christopher Connell spoke with the Philadelphia Business Journal regarding the banking industry and M&A in 2023 and predictions for 2024.
“They want the juice to be worth the squeeze,” Chris said. “So the deal has to be impactful enough because doing bank M&A takes a lot of resources — administrative and financial — to complete. And for banks of a certain size, they want a bite that’s big enough to justify that effort and expenditure of resources.”
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