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Article: M&A activity increases during first six months of 2005.(Mergers and acquisitions )
- Article from:
- Business Publisher
- Article date:
- June 30, 2005
CopyrightCOPYRIGHT 2005 JK Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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There were 266 deals valued at nearly $27 billion across 11 media and information industry categories in the first half of 2005, according to figures supplied by The Jordan Edmiston Group, Inc. (JEGI; New York). The number of deals this year represents a 15% increase over the 231 deals reported in the first six months of 2004 while the value of the deals increased 181% from the $9.5 billion reported in the period last year.
Eight of the 11 categories showed an increase in both number of deals and the value of those deals. Of the three categories showing a decline, the Consumer Books category went from seven deals valued at $45 million to five deals valued at $35 ...