Financial Expert in Sacramento Keith Springer Quoted in Reuters

May 11, 2011 - PRLog -- SACRAMENTO, Calif.  – Keith Springer discusses why the economy is trending toward mergers and acquisitions as Terex makes offer on Demag Cranes.

According to Reuters reporter’s in Frankfurt, Germany, “Cevian, the biggest shareholder in Demag Cranes, said an 884-million-euro ($1.3 billion) takeover offer by Terex was too low, upping the pressure on the U.S. company to sweeten its offer for the German crane maker.”

Keith Springer, president of Springer Financial Advisors in Sacramento, California who does not own Terex shares but has followed the saga, agreed.

"(Terex's) European counterparts are probably looking for high 40s, probably 49-50," he said.

"It is a 'get-big-or-go-home' kind of economy. You are going to see larger companies gobble up smaller companies all over the place," he said. "(Demag) can do hardball because they do not have to do the deal."

To view more print and TV media interviews with Keith, visit www.KeithSpringer.com and click the “in the news” link, email Keith@KeithSpringer.com or call (916) 925-8900. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at www.capfasloans.com.

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About Springer Financial Advisors: Keith Springer is a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years.