Private Mergers, Acquisitions Down In 2001

01/28/2002 | Crain's Chicago Business

Private business mergers and acquisitions in 2001 dropped by as much as 25% from the previous year, and deal values are down by 40%. The declines are attributed to a slump in the stock market, a drop in earnings and banks tightening credit to some firms. Analysts are looking for a slight pick up in deal activity this year, depending on whether the economy picks up.

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