23.12.2008 - 2009 M&A activity to be fueled by 'Merger of Necessity'
From Money.aol.com: During 2008, companies not only turned to sovereign funds for cash infusions, but they are relying on PIPEs (private investment in public equities) as well. As of December 12th , PIPE transactions totaled $109.7 billion , surpassing the 2007 full year amount of $83.5 billion..... Full Article: Source