M&A giveth and M&A taketh away

[Joelle]

M&A giveth and M&A taketh away
      

Another sign of the troubled economic times: after BHP Billiton pulled its huge hostile bid for rival Rio Tinto last week, the value of withdrawn mergers and acquisitions is approaching the value of completed acquisitions for the fourth quarter of 2008.
Including the scuttled $188 billion BHP-Rio deal, withdrawn deals now total $322 billion, compared with $362 [...]
         

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