Den White was interviewed live on the Closing Bell program that aired on CNBC December 9. As vice chairman of the Association for Corporate Growth (ACG), Mr. White discussed the outlook for M&A deals in 2009 based on a recent ACG/Thomson Reuters survey that discussed dealmakers confidence reaching an all time low. In response to the possibility of a comeback in the first quarter of 2009, he stated, "I think that's possible. I think the first deals that are likely to emerge are distressed sales. There are a lot of companies that are hitting the wall with lack of liquidity, and with the lack of debtor-in-possession financing available, there's really no opportunity to reorganize and so the only option is to hold a distressed sale." To hear Mr. White's perspective on the current and future M&A environment click here.