M&A Falls Off The Cliff

November was the year’s slowest month for M&A activity, and it wasn’t even close.

According to data from Thomson Financial (publisher of peHUB), only 2,656 new M&A transactions were announced, and only were 1,526 were completed. The prior 2007 lows had been 3,247 and 2,037, respectively. (both from September). Actual deal values fared a bit better, with $413 billion in announced (7th lowest) and $280 billion in completed (4th lowest)…