It’s The End Of The Year As We Know It, And The Industry Feels Fine


By all counts, 2006 was a year of momentous transitions. Financially speaking, the long-stagnant economy experienced a turnaround, marked by the Dow's first leap over the 12,000 hurdle, not to mention the rush of hedge funds and private equities buying up publicly traded companies (case in point: Equity Properties, Hertz and Healthcare America). Companies, in turn, have an increased interest in going private because of all the regulatory scrutiny of late (think Sarbanes-Oxley and its call for more transparent corporate governance), and PR practitioners actively handled the fallout.

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