M&A to Fall Short of 2007 Levels, Says PricewaterhouseCoopers

NEW YORK—Weakness in the U.S. economy continues to affect M&A deal activity and value in the industrial products sectors, specifically industrial manufacturing, transportation & logistics, chemicals, and metals, according to a series of PricewaterhouseCoopers LLP first quarter M&A reports released today. While deal activity remains steady, deal volume and value is not on pace to exceed 2007 levels; however, the number of deals announced during the quarter is on track to meet or exceed 2006 levels.