At The Deal's M&A Outlook 2009 Paul Parker, managing director and chairman and head of Global M&A at Barclay's Capital describes the market as a market in transition. He explains that M&A is difficult right now because it's hard to pin down a valuation on a company due to the market volatility. This is leaving most industries full of critical care situations such as constrained companies, pre-bankruptcies and companies that have filed for bankruptcy.
