Gary Herschman Quoted in “Health-Care Transactions Update: January”Bloomberg BNA Health Law Reporter February 16, 2017
Gary W. Herschman, a Member of the Firm in the Health Care and Life Sciences practice, in the firm’s Newark office, was quoted in a Bloomberg BNA Health Law Reporter special report, titled “Health-Care Transactions Update: January,” by Mary Anne Pazanowski. (Read the full version – subscription required.)
Following is an excerpt (see below to download the full report in PDF format):
For now, however, Bloomberg BNA’s select January list shows 104 transactions announced and/or closed in the first month of the year. ‘‘It isn’t a surprise to have a bunch of deals close in January,’’ Gary Herschman, of Epstein Becker & Green PC, Newark, N.J., told Bloomberg BNA, because ‘‘sellers can defer payment of tax on gains until April of the following year.’’…
This year’s bump may be higher than normal, however, ‘‘because of the hope that the tax rate for capital gains in 2017 will decrease based on President Donald Trump’s tax plan,’’ Herschman said.