Less Merger Activity: The value of merger...
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From Times Staff and Wire Reports
Less Merger Activity: The value of merger and acquisition activity fell 42% to $316.6 billion worldwide in the first nine months of 1990, a research company reported. Preliminary figures compiled by Securities Data Co. in Newark, N.J., show that there have been 5,908 deals announced this year worldwide, compared to 6,677 in the 1989 period. Investment bankers said the figures reflect a weakening economy and tighter credit.
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