Mergers and acquisitions aren’t just about growth. For some firms, they are the final lifeline. And without that lifeline, the company goes under. Such was the case with Town Residential and Eastern Consolidated, which spent a combined 45 years brokering deals in New York. In the span of just two months in 2018, both shops pulled the plug. This spring, Town CEO Andrew Heiberger shopped the eight-year-old firm to former rivals. Related: Real estate’s new […]
source https://therealdeal.com/2018/07/09/acquisition-lifeline-for-some-firms-getting-bought-is-the-difference-between-staying-in-business-and-going-under/
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