More Media Acquisitions Forecast For 2013
The advertising industry should brace for more acquisitions similar to those seen in 2012, according to John Kaiser, managing director at investment firm DeSilva & Phillips. While the first few months of 2013 may be off to a bit of a slow start, given the flurry of mergers and acquisitions in late 2012 for tax purposes, any shortfall early in the year will more than offset as the year progresses, Kaiser said.