Stanley Bloch and Andrew Lucano Quoted Extensively on TMCnet.com
“Cable TV M&A: Cash Flows Good, Valuations Not So Great but Excitement Looms”

Corporate partners Stanley Bloch and Andrew Lucano were quoted extensively in a December 20  TMCnet.com Cable Technology article regarding the cable industry in 2011 and anticipated trends in 2012.

Stan’s assessment of the current U.S. cable market was that “cash flows are good but valuations have been disappointing, and this has been a modest year in terms of M&A.”

Andrew pointed out that the cash flow/valuation tradeoff can be viewed two ways. “On the one hand, having cash flow means that those looking to sell can wait out this period of economic uncertainty until valuations get better. On the other hand, this is obviously a good time for those with resources to investigate purchasing strategic assets inexpensively.” 

Stan predicted that in 2012, as the economy shows signs of improvement, “People who have held back will come to market. Buyers willing to pay what sellers are looking for.”

Click here to read the full article.