The chill is on. Back in June, dealmakers gushed about the hot market after notching a record $2.7 trillion of mergers and acquisitions worldwide in the first half of 2007. With the number of deals down 49% in the credit crunch, sentiments have cooled: Nine percent of dealmakers are calling the M&A environment "excellent," vs. 49% in midyear, according to exclusive research from the Association for Corporate Growth and Thomson Financial.
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