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Suddenly, Amazon Doesn't Love Its Moms Anymore
So far this year, it's been miserable for M&A bankers, which makes sense. If you look back at prior recessions, there was always a big fall in M&A activity. Buyers don't want to take the risks and sellers want higher valuations. According to Reuters, global M&A volume was about $968 billion this year as of June. This is down more than 40% since 2007, which was a peak in dealmaking.
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