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Wednesday, July 2, 2008
World M&A down $850B vs last year
  "Global deal volume in the first half was down 36 percent, according to Bloomberg data. There were 14,210 deals with an announced value of $1.53 trillion, the lowest since 2005, down from 16,489 deals valued at $2.37 trillion a year earlier." Bad news for lawyers, investment bankers, and other dealmakers on Wall Street and in the City of London. Story here.
Posted by Joseph N. DiStefano @ 1:12 PM  Permalink | Post a comment
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About Joseph N. DiStefano
M&A deals, building projects, and other big doings that matter to people around Philadelphia. By Joseph N. DiStefano, a business reporter at the Philadelphia Inquirer. Joe previously covered giant banks at Bloomberg News in New York. He’s the author of Comcasted, a book about Philadelphia’s most valuable company. He has a degree in economics and history from Penn.
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