Merger-seeking companies are proceeding with caution on filing required paperwork as the possibility of another government shutdown looms.
Corporate attorneys say they are advising their clients to consider hitting the pause button until the uncertainties around federal government operations are cleared. Government antitrust regulators may place a hold on approving mergers and acquisitions — even ones they’re inclined to approve — to buy themselves more time, they say.
Some companies also will likely continue to insert cautionary language in their M&A contracts to cite potential delays caused by possible future shutdowns, they say.
Companies’ tentativeness in submitting government-required documents —...