By  on December 29, 2008

Merger and acquisition activity remained muted in November, leaving the value of deals executed so far this year in the consumer products sector down almost two-thirds, a new report said.

In its monthly analysis of middle-market M&A transactions, the investment banking department of Robert W. Baird & Co. Inc. said there were 10 deals executed in November, although eight of them were for undisclosed prices. The two reported acquisitions totaled $57 million in value, 88.1 percent below the $482 million changing hands for the six disclosed in November 2007. Including sales for which the amounts weren’t disclosed, there were 13 transactions in the year-ago month.

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