U.S. M&A activity was off to a strong start in January, but global activity was generally down. U.S. total deal value and the number of U.S. deals were up 23% and 54%, respectively, over December, while global total deal value and the number of global deals fell 27% and 3%, respectively. Notably, backing the United States out of global numbers, total deal value fell 60% in the rest of the world, and the number of deals fell 17% compared to December.

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