Limbaugh and York Associates the Subject of Takeover Rumors. Goldman Sachs lead the pack
Limbaugh and York Associates the Montreal-based Mergers and Acquisitions firm are themselves the subject of M&A chatter, amidst news that one or more of the investment banking giants is mulling the idea of a bid for the firm.
2008-10-02, Penelope Dreyfuyss
An unnamed source, close to Limbaugh and York Associates, said the executive team of the Montreal-based firm were aware of potential buyout interest a number of global investment firms.
L&Y Associates, whose star has been rising in recent years for both their ability to manage M&A deals, and also their extensive knowledge of potential acquisition targets across a number of sectors, have apparently been noticed by some of the world’s largest finance houses, with Goldman Sachs, and Morgan Stanley believed to be amongst the most sincere interested parties.
Limbaugh and York Associates were unwilling to comment on the rumors, as were the press offices of the aforementioned Brokerages, but the source of the story claimed that existing relationships between the Board at L&Y Associate’s and senior executives of Goldman Sachs and Morgan Stanley has cemented their positions as acquisition frontrunners, raising the interesting prospect of a bidding war in the future.
Press Contact Information
Penelope Dreyfuyss info@limbaughandyorkassociates.com 1-514-906-1732
1200 McGill College Avenue
Suite1105 Execu-Centre
Montreal, QC H3B 4G7
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