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S&P: North American M&A Activity Slows

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A report from S&P Global Market Intelligence revealed that mergers and acquisitions by North American companies declined in the fourth quarter of 2022. S&P said this represented a decline when compared to 2021, due to rising interest rates and a slowing economy that discouraged companies from

M&A from U.S. and Canada fell to $1.477 trillion in 2022, down 41.4% from 2021, while the number of transactions dropped to 20,965, down 21.2% from 2021, the report said.

The report showed that Microsoft-Activision Blizzard (MSFT) deal was the biggest of 2022, at nearly $69 billion, followed by Broadcom's $67.99 billion offer to buy out VMWare. Elon Musk taking over Twitter was the third-biggest deal of the year, according to S&P.

Sharon Florentine

Sharon manages day-to-day content on ChannelE2E and serves as senior managing editor for CyberRisk Alliance’s Channel Brands. She also covers enterprise-class technology companies, strategic alliances and channel partner strategies. Sharon is a veteran tech journalist and editor with more than 25 years experience in the industry, and has previously held key editorial, content and leadership positions at Techstrong Group, CIO.com, Ziff Davis Enterprise and CRN.