Batts Quoted in Transport Topics Article Regarding “Fiscal Cliff”

TCP partner Lana Batts was recently quoted in an article by Transport Topics titled, “Fiscal Cliff’ Sparks New Deals as Carriers Ponder Tax Changes.” As the Obama administration and Congress deliberate 0ver revenue and spending changes, carriers are hurrying to sell before the end of the year. Batts noted that the fiscal cliff affects private equity buyers that “are thinking five years out. They want to flip those companies in five years, but they don’t know what the tax rate will be.” Read the full article here.