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Article: Media M&A starting to show signs of life.(NEWS)(Acquisitions and mergers)
- Article from:
- BtoB
- Article date:
- October 12, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, 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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Byline: S.C.
MERGERS AND ACQUISITION activity in the media arena showed some signs of life in the third quarter, according to a report released last week by Jordan, Edmiston Group.
In the first three quarters of this year, 466 deals worth a combined $16.4 billion took place in the media, information, marketing services and technology sectors, according to Jordan, Edmiston. Compared with the same period last year, the deal volume was down 30% and the deal value was off 42%.
Third-quarter results were more positive. Although deal volume fell 28.8% to 168 transactions in the third quarter of 2008, overall deal value increased 85%, jumping from ...
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