Want a successful merger or acquisitions? Put an M&A advisor on your board.

Companies planning a merger or acquisition would do well to have an investment banker (M&A advisor) on their board of directors.

A new study from the University of Iowa found that firms with an investment banker on their boards of directors pursue mergers and acquisitions more often. Moreover, those firms perform better after the acquisition has been completed than firms that don’t have investment bankers on their boards.

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