Stock Considerations When Doing An M&A Deal



Most M&A transactions include stock, which provides a liquid currency for the selling bank while helping the acquirer manage its capital levels. What does this mean for privately held acquirers? In this video, Jeff Jones, managing director at Stephens Inc., explains the challenges private banks face, and when deals between two private banks make sense.

  • What is the value of a public currency vs. privately held shares in an acquisition?
  • Is there a time when a buyer might sacrifice liquidity?
  • How should buyers and sellers determine valuation when both parties are private?