Reuters: Global M&A drops 35 pct to $1.6 trillion in H1: Thomson

[chris]

Global M&A drops 35 pct to $1.6 trillion in H1: Thomson
      

LONDON (Reuters) - Mergers and acquisitions bankers are bracing for more job cuts as volumes fail to recover from their first-quarter tumble, according to preliminary Thomson Reuters numbers released on Friday, and the outlook remains bleak for the rest of 2008.
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