“After a challenging start, 2009 ended with some positive momentum,” says Mike Rosendahl (PCE Investment Bankers). ”As the year progressed, the M&A markets became more comfortable with the state of the economy and the initial stages of the recovery . . . leading many to believe that 2010 has the potential to be a better year for M&A transactions.” In addition, a new report from Towers Watson and Cass Business School determined that acquisitions by publicly traded companies in 2009 outperformed the market, Rosendahl says, “providing evidence of the value that acquisitions offer.”  For the full report, “State of the M& Markets, 4th Quarter 2009,” including the latest, year-end, summary transactions data, contact Rosendahl directly or check PCE’s Investment Banking page.