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MLive: Huizenga Talks Job Creation, Mergers & Acquisitions Legislation at ADAC in Muskegon
Washington,
November 7, 2013
Rep. Huizenga bill on mergers and acquisitions highlighted at businesses' Muskegon meeting MLive Muskegon - Stephen Kloosterman - November 07, 2013 at 10:39 AM Business leaders gathered in Muskegon Wednesday and talked up legislation sponsored by U.S. Rep. Bill Huizenga. House Resolution 2274 would simplify government regulation of brokers who specialize in mergers and acquisitions of privately owned, small- to medium-size companies, according to Huizenga. ... Huizenga testified about H.R. 2274 Oct. 23 in Washington, D.C. at the Capital Markets Subcommittee of the House Financial Services Committee. "It's been estimated at 10 trillion-with-a-T, dollars of privately-owned, Main Street, mom-and-pop-type businesses will be sold or closed as baby boomers retire. We don't want them closed, we want them sold so they can continue," Huizenga said. "We must streamline and simplify the regulatory structure so small- and mid-sized businesses are able to safely, efficiently and effectively sell their companies while preserving and protecting jobs at these companies." ... Read the rest of the article on MLive's website HERE |