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Midmarket, M&A's Once-Trusty Engine, Sputters In 1st Half

Law360, New York (July 10, 2013, 5:37 PM EDT) -- The middle market, the once-reliable dealmaking engine that chugged along while megadeals vanished, may be stalling out, according to data released Wednesday.

Global deals worth up to $500 million totaled about $323 billion through the first six months of the year, a nearly 10 percent decrease over the same period last year, Thomson Reuters data shows. U.S. deals dropped nearly 11 percent.

It's the worst first-half performance since 2009, reflecting concerns among CEOs and the lawyers and bankers who serve them that the post-recession M&A recovery...
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