This year we have seen terminations in a total of 252 mergers and acquisitions deals. This year-to-date termination count falls well below 2020’s total of 321 for the same category of transactions. Could the omicron variant of the Covid-19 virus, which the World Health Organization just designated as a variant of concern on Nov. 26, potentially shift the trend toward more deal terminations?
Post-Designation Spike?
Given what we’ve seen in response to the declaration of the pandemic in March 2020 and the WHO’s designation of the delta variant as a variant of concern (VOC) in May 2021, it seems conceivable ...