US Buyouts Hit Post-Lehman High In 2012

Law360, New York (January 4, 2013, 8:43 PM EST) -- A year that started with few reasons for optimism in the U.S. buyout scene ended with a bang, driving North American private equity spending to a post-Lehman Brothers high and leaving attorneys cautiously optimistic as the industry catches its breath.

U.S. and Canadian private equity firms bought and sold 1,590 companies, with total deal values hitting $152.3 billion, according to industry tracker Preqin Ltd. That’s the best full-year tally since 2008, and comes after a slow start to 2012 that many worried would zap a nascent...
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