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Survey: Bankers' pipelines are a little dry after a record run for tech M&A

The two biggest years for tech M&A spending of the past decade and a half appear to have siphoned off a fair amount of business for investment bankers. As they looked at their current pipeline for 2017, only half of the respondents to our annual survey said the dollar value of mandates they are working on now is higher than it was a year ago. That's the lowest reading for the survey since the end of the recent recession.

Brenon Daly

Research Director, Financials