September 27 - Reuters - As U.S. leveraged buyouts and multibillion dollar mergers fell off in the third quarter amid a major credit crunch, mid-market deals of up to $1 billion held up remarkably well.
Data provider Dealogic said mid-market U.S. deals valued at between $100 million and $1 billion totaled almost $82 billion in the third quarter, down only slightly from $83 billion for the same period in 2006.
Even when compared with this year's record second quarter, mid-market deals were down only 15 percent.
That compares with a 57 percent fall in U.S. deals over $1 billion in the third quarter, which plummeted to $214.3 billion from $495.3 billion in the second quarter. Read More.
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