By  on July 8, 2009

Global mergers and acquisitions activity fell as the global downturn worsened in the first half of 2009.

Data compiled by the research firm Mergermarket showed total deal volume was down 47.4 percent to 3,800 transactions, compared with the year-ago period, and the value of M&A activity dropped 43.6 percent to $705.7 billion.

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