The Jordan Edmiston Group, Inc. (JEGI), an independent investment banking firm for media, information, marketing & related technology industries, reports that financial market upheaval and an incipient pullback in advertising spending has lead to an overall slowdown in M&A.  2008 has been a tale of two markets:  Midsize and smaller transactions, particularly in growth sectors, such as online media, interactive marketing services and database information, have kept pace with 2007.  While aggregate transaction value is down nearly 70%, the total of 619 M&A transactions for the first nine months of 2008 is within a few percentage points of the total number for the same period in 2007 for media, information, marketing & related technologies, as tracked by JEGI.  Billion-dollar-plus leveraged transactions have largely gone on hold.  Source: Client Briefing: The Jordan Edmiston Group Inc. (JEGI)

BIIA Newsletter November 2008 Issue