M&A to Fall Short of 2007 Levels, Says PricewaterhouseCoopers
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Total deal value for industrial manufacturing transactions during the first quarter of this year totaled $7 billion, a significant decline from $13 billion in the first quarter of last year and the $31 billion announced in Q1 2006. The decline in total deal value is related to a slowdown in large deals (disclosed value of at least $1 billion), of which there were none in Q1 2008 compared to 17 announced in 2007 and the 17 in 2006.
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