2012 'Underwhelming' Year for Deals
Many managers feel wary about the threat of the fiscal cliff and hesitate to make major spending decisions before the government reaches a decision on issues such as dividend law, healthcare policies and taxation.
"Overall, one thing managers do not like is uncertainty. And if you are possibly looking for acquisitions and possibly merger opportunities, any sort of uncertainty is going to have your capital tied up. So that could be something that holds back some firms," Papazian said.
