FEATURED LINK Presidential Election Economic Policy Forum On Thursday, October 16, 2008, after the last McCain-Obama debate, ACG Philadelphia held its monthly Executive Breakfast Program, inviting dealmakers to join in a timely, and lively, economic policy discussion with representatives from both the Republican and Democratic Presidential campaigns.   Click here to read the story featured in the Sunday Philadelphia Inquirer by Joe DiStefano. IN THE NEWS Transaction Cost Regulations & Its Impact on Your Business __________________________________ ACG Philadelphia and Philadelphia Business Journal published the 8th annual State of the M&A Markets.  This Supplement is one of the ways that ACG keeps Philadelphia’s business readers and its members informed on the latest developments and future expectations for the M&A deal environment. Christian Athanasoulas, Principal, and  Peter Voutsinas, Senior Associate, of KPMG Mergers and Acquisitions Tax Practice, take a proactive approach to the tax treatment of transaction costs in their article.  A buyer that acquires all of the stock of a target corporation will likely incur significant transaction costs, including legal fees, accounting fees, and investment banker fees.  The proper tax treatment of the buyer’s costs is, unfortunately, not straightforward and may differ from their treatment for book purposes. Click Read Full Article for the complete article.

FEATURED EVENT  Monthly Executive Briefing: Financial Markets in Crisis: Insiders' Views on the Issues & Prospects Join this insiders' discussion as we bring together a banking CFO, economist and bond trader to share their thoughts on the state of the current market, how and why we got here and what the future may hold. Panel details to follow. Date:  Thursday, November 20, 2008 Time:  7:30 am Registration & Continental Breakfast            8:00 - 9.00 am Program Location:  Philadelphia Country Club, Gladwyne, PA Register for this event now! FEATURED MEMBER ACG Philadelphia Announces New Board Members Leaders from Boenning & Scattergood, LLR Partners, Pepper Hamilton, Stifel Nicolaus, and Sungard Named Association for Corporate Growth (ACG) Philadelphia is pleased to announce new members to its Board of Directors, including Jim McCormick, Managing Director, Boenning & Scattergood, Inc.; Scott Perricelli, Partner, LLR Partners; Bruce Fenton, Partner, Pepper Hamilton; David Lazar, Managing Director, Stifel Nicolaus; and Bob Valvano, VP of Corporate Development, Sungard.   They join our existing Board Members in leading ACG Philadelphia in the coming two years. For a complete Board list, click Read Full Article.