Credit Freeze Puts Chill on Dealmaking, M&A deal volume slides 29%

The deal volume for mergers and acquisitions in 2008 was down 29% from a record-high 2007, according to Dealogic. In the U.S., dollar volume fell to $1.1 trillion, while the worldwide figure dropped to $3.3 trillion.

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http://www.washingtonpost.com/wp-dyn/content/article/2009/01/01/AR2009010101783.html