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Home / Business / Business Finance and Credit / U.S. level of mergers & acquisitions drops dramatically during 2001 (10071)

U.S. level of mergers & acquisitions drops dramatically during 2001 (10071)

Bah Humbug! Only Ebenezer Scrooge could have loved a year like 2001.U.S. mergers and acquisitions fell 16.4 percent off last year's pace to 8,224 transactions, the largest percentage year-over-year drop in volume since 1987. Total disclosed deal value fell to $702.8 billion from $1.33 trillion in 2000. The total number of deals worth $1 billion ...