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Reuters: U.S. M&A slumps, but strategic deals help fill void

Started by chris, June 27, 2008, 07:41:06 AM

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chris

U.S. M&A slumps, but strategic deals help fill void
      


PHILADELPHIA (Reuters) - Merger activity in the United States dropped 29 percent in the second quarter, faring better than the 40 percent global slump, as corporations filled the void left by buyout firms and targeted big consumer brands such as Anheuser-Busch Cos Inc  and Wm. Wrigley Jr Co .
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