Lots of Smaller Deals Are Driving Media M&A Activity:
Media, information and marketing acquisition volume and value continue to grow according to a third-quarter M&A report released by media bankers The Jordan, Edmiston Group. Year-to-date deal volume pace has been driven primarily by smaller, sub-$50 million transactions, however, with strategic buyers accounting for the vast majority.
The report says deal volume is up 49 percent for the first three quarters over the same period last year to 946—91 percent of the deals were below $50 million.
