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Cathy Leonhardt on CNBC: How a border tax will threaten retail M&A

  • February 13, 2017

A border adjustment tax will slow merger and acquisition activity in the U.S. retail sector, analyst Cathy Leonhardt said Monday.

"This political uncertainty and economic uncertainty creates challenges to doing deals," the Peter J. Solomon Co. co-head of global retail told CNBC's "Squawk Box." "If you're levered and you're staring down the barrel of border tax adjustment, you won't do it. You'll pause."  Access full article and video at