Acquisitions Quotes
You've seen several commercial banks make acquisitions of smaller regional brokerage firms this year, and all of them believe quite sincerely that they are going to grow revenues as a result and gain market share because they now offer one-stop comprehensive financing for their customers. At the same time I don't think Merrill Lynch is planning to lose any business.
- David Berry
With this additional funding in place, we hope to conclude some of the acquisitions that are currently under discussion. Our record revenues last year were primarily the result of five acquisitions made in 2005. These funds will also give us the ability to expand our national sales force, which should strengthen our new-client enrollment program and enhance our organic growth.
- Don Mardak
While there has been an increased retention of funds within the region, we expect the flow of capital out of the region to accelerate in 2006, partly due to the over-priced nature of regional markets and partly due to an increased desire to use the petrodollars to make strategic acquisitions.
- Steve Brice
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