Search
 
Best Practices

This Time, M&A Madness is Tempered with Caution

Sarbanes-Oxley and investor cynicism are making executives more circumspect about making their next big deal

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For the Journal Register Co., a $400 million, publicly held newspaper chain with operations in the northeastern U.S., the opportunity that presented itself this past spring to buy 21st Century Newspapers, a private chain with publications in and around Michigan, was exciting–and at the same time, worrisome. True, 21st Century might fit nicely into Journal Register’s expansion plans, but the challenge of bringing the acquired firm into compliance with the Sarbanes-Oxley Act’s reporting requirements by the Journal Register’s Dec. 31 yearend close was daunting, to say the least.

Recommended Stories

GE Urged to Drop Auditor KPMG

Richard Clough |

The 110-year-long relationship is coming under increasing scrutiny from investors.

Big Tech’s Big Tax Ruse

Nico Grant & Ian King |

Data shows industry has been splurging on stock buybacks, not jobs.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.