Mixed Picture for M&A in Q1: PwCMore deals, but lower dollar volume 4/20/2017 11:06 AM Eastern
Despite an uncertain regulatory environment, the number of deals done involving companies in the entertainment, media and communications business rose in the first quarter, according to PwC.
According to PwC, there were 256 deals in Q1, from 194 in Q4 2016 and 183 in Q1 2016.
However, the dollar value of those deals lagged. The first quarter deals were worth $10.4 billion, down from $125.9 billion in the fourth quarter and flat with a year ago.