The conclusions are:
North American companies have been the biggest targets.
At its height in mid-2007, mergers-and-acquisitions activity was more than three times its current rate.
Almost $2.1 trillion in deals have been announced so far this year.
Morgan Stanley has surged into first place among deal advisers, ranked fifth in 2008.
We observe lower markups. The richest premium currently offered on $1 billion-plus deals is roughly 35%.
Full article available on Business Week website.
Source: Business week website