Media M&A Plunges Amid Expensive Borrowing Costs
- by Robert Williams , February 22, 2024
Mergers and acquisitions in the media industry last year fell in value and volume as businesses faced greater economic uncertainty and rising costs to borrow, according to a report by consulting firm KPMG.
The value of deals last year plunged 83% to $37.1 billion, and there weren’t any acquisitions of …
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