The total value of mergers and acquisitions in 2008 is well behind the $88 billion pace set in 2007, PricewaterhouseCoopers (PwC) reports in "Assembling Value: Industrial Manufacturing Mergers and Acquisitions Analysis -- Third Quarter 2008." PwC attributes the decline to the credit crunch and fewer financial investors becoming involved with industrial manufacturing deals. According to the data of deals totaling $50 million or more:
9 were completed in first-quarter 2008
16 were completed in first-quarter 2007
10 were completed in second-quarter 2008
20 were completed in second-quarter 2007
27 were completed in second-quarter 2006
31 were completed in third-quarter 2006
12 were completed in third-quarter 2007
8 were completed in third-quarter 2008
\See Also
