September 28 - The Associated Press - The tumult of credit market dislocations and volatile stock swings during the third quarter has claimed an all-too-expected casualty: the pace of global takeovers.
There was a marked slowdown in the third quarter with $992.1 billion worth of deals announced _ 43 percent less than during the second quarter, according to data tracker Dealogic. On a monthly basis, there was only $186.3 billion worth of deals announced so far in September _ compared to $231.1 billion in August and $574.7 billion in July.
The numbers aren't all that astonishing to many on Wall Street. The third quarter is typically one of the slowest periods during the year for mergers and acquisitions, but this time around was marred with volatility. Read More.
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