Tech M&A Goes From Locked-Down to Free-Spending as Q3 Soars to Historic Heights
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S&P Global | SPONSORED CONTENT
The M&A backlog that built up in the early days of the COVID-19 lockdown flooded into the market in Q3, pushing acquisition spending to the second-highest quarterly level in almost 20 years. The just-completed quarter marked an almost unbelievable comeback from the decade-low performance in Q2’s "corona-quarter," and even trounced the totals when the world hadn’t been brought low by a global health emergency and accompanying economic recession.