December 2006
Worldwide merger and acquisition (M&A) activity is at an all-time high. The mid-November private equity buyout of Clear Channel Communications pushed this years global announced M&A volume to $3.4 trillion, just over the $3.3 trillion record set in 2000, according to Dealogic. Consolidation in the clinical laboratory industry has continued its generally strong and aggressive pace in 2005 and 2006, as 36 mergers or acquisitions have been completed or are on track to close in the 24-month period between January 2005 and December 2006.
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