Thursday, March 29, 2007

Merger market unphased by market volatility

(Reuters) - Merger volume in the U.S. totaled $428.7 billion, compared with $352.1 billion a year ago, according to research firm Dealogic. Even as the total dollar value of the deals rose, the number of transactions fell to 1,397, from 2,012 a year ago, Dealogic said.

"We're in a very strong M&A market. There's a good probability we'll have a record year," said Jeffrey Raich, joint global head of M&A at UBS AG.


Read more at Reuters.com Business News

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