The credit crisis put a severe crimp in merger and acquisitions activity last year.
SOURCE: Dealogic | The Washington Post - January 01, 2009
Credit Freeze Puts Chill on Dealmaking, With Volume Down 29% Article | What a difference a year makes. With the virtual collapse of credit markets and the drying up of money from private equity firms, 2008 turned out to be a very slow year for mergers and acquisitions. Globally, there were 37,445 deals, totaling $3.3 trillion, down 29 percent from record volume in 2...