Mergers hit record in 2007 1st quarter... 04 02 2007

Globally, $1.1 trillion of companies deals traded hands in the first quarter in 2007, 27% higher than the same period in 2006. In U.S the volume of deals surged 32% to $439 billion. Globally, the value of announced buyout surged 40% to $199 billion in the first quarterly. Beneath the frenzied pace of deals is a sense of urgency. Both corporations and advisers are trying to get deals done before the slowdown of economy cycle and M&A cycle.