In the Media
Mike Blankenship Featured in Texas Lawbook Discussing Predictions for Corporate Deals
In the Media
Mike Blankenship Featured in Texas Lawbook Discussing Predictions for Corporate Deals
February 22, 2023
Winston & Strawn Partner Mike Blankenship was featured in Texas Lawbook's “CDT Weekly Roundup: 14 Deals, 12 Firms, 158 Lawyers, $5.7B.” The article highlights Mike’s recent deal work and his predictions for M&A, IPOs, and SPACs in the future.
“In the M&A world, there is still a lot of dry powder that the PE funds need to deploy,” he says. “While interest rates have risen, I believe they will start to flatten out and allow for more deals to be planned.”
As for IPOs, there is a lot of pent-up demand to go public, so “we will send a number of them begin the process and work toward a close in the 3Q and early 4Q,” he says. For SPACs, fewer IPOs will happen, “and those that do occur will be much smaller than what we saw over the past few years.”