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M&A Scene shows a decline in 2008
Dealwatch says that executives at J.P. Morgan Chase & Co., Lehman Brothers Inc. and Bank of America Corp. estimate that M&A could fall as much as 20% in 2008 from a record $3.9 trillion this year, according to Bloomberg. (read full story at: dealscape.thedealblogs.com)
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Comments
As article points out this is due to the high financing cost which has almost doubled since June.