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CEO and CFO Certification Required by Sarbanes-Oxley and the Effect on M&A Transactions



by Michael R. Phelps
Leonard, Street and Deinard, Professional Association - Minneapolis Office

Ryan M. Vandewiele
Leonard, Street and Deinard, Professional Association - Minneapolis Office

July 1, 2003

Previously published on April 2003

The personal accountability imposed on executives of public companies by the certification requirements of Sections 302 and 906 of the Sarbanes-Oxley Act of 2002, and the need for adequate internal controls, will impact the M&A process and generally increase the importance of the due diligence process.


 

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