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May 16, 2012 08:19 pm GMT
Facebook's eight year history is famously speckled with a number of buyout offers from the likes of Yahoo, Google, and Microsoft. But each time, founder Mark Zuckerberg opted to keep his company independent -- against the advice of many.According to new data out of global accounting powerhouse PricewaterhouseCoopers (PwC), a number of web companies are opting to go the same route: Merger and acquisition (M&A) deals are taking a backseat at the moment, as more web companies are setting their sights on the possibility of an IPO.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TIsGDEf4Noc/
Internet M&A Deals Down 55% Year-Over-Year, Thanks To Tech IPO Boom
Facebook's eight year history is famously speckled with a number of buyout offers from the likes of Yahoo, Google, and Microsoft. But each time, founder Mark Zuckerberg opted to keep his company independent -- against the advice of many.According to new data out of global accounting powerhouse PricewaterhouseCoopers (PwC), a number of web companies are opting to go the same route: Merger and acquisition (M&A) deals are taking a backseat at the moment, as more web companies are setting their sights on the possibility of an IPO. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TIsGDEf4Noc/
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