Wednesday, April 10, 2013

M&A Media Deals Slow

By many measures, the mergers and acquisitions of media and marketing companies have slowed down for the start of 2013.
The first quarter of 2013 witnessed a 30% slowdown to $8.2 billion from $11.2 billion in the first quarter of 2012. The value of deals were down nearly 70% from the $25.6 billion in the the fourth quarter 2012, per investment banker Berkery Noyes.
The number of transactions dropped 13% to 390 in the first quarter 2013 from 449 in the first quarter 2012. There were 411 deals in the second quarter last year; 407 in third quarter 2012; and 384 in the fourth quarter 2012. Eight of the top 10 largest deals of 2012 occurred in the third or fourth quarter.