After a dreary 2001, M&A dealmakers hope for a better 2002. (Death of a Traveling Salesman).(Brief Article)(Statistical Data Included)

Publication: Buyside

Publication Date: 01-MAR-02

Bookmark this article Print this article Link to this article Email this article Digg It! Add to del.icio.us RSS

COPYRIGHT 2002 Adams Business Media

In case you were looking for further statistics to underscore what a monstrous year was, M&A data provide yet another tale of woe. U.S. mergers and acquisitions fell by 16.4% from the previous year's velocity to 8,224 transactions, the largest percentage year-over-year drop in volume since 1987. Total disclosed deal value fell to $702.8 billion from $1.33 trillion in 2000. The total number of deals worth $1.0 billion or more dropped to 118, or 76%, in 2001. Disclosed...

Read the full article for free courtesy of your local library.