Friday, June 29, 2012

Media Mergers Up Q1 2012


Media deals quickened in the first half of 2012 -- with many mergers and acquisitions coming among smaller companies. Media investment banker The Jordan, Edmiston Group, says the number of announced deals climbed 52% over 2011 levels, with 95% of the transactions valued at less than $100 million. Overall, announced transaction value climbed about the same amount, 49%, to nearly $32 billion.