Tech M&A spending takes steep hit in third quarter

Update 11:50 a.m. PDT, with additional M&A data from investment banking services firm The Jordan, Edmiston Group.
Tech mergers and acquisitions took a dive in the third quarter, with spending falling by a third compared with the same period last year, as Wall Street investment banks and financial institutions were rocked to the core, according to a report released Wednesday by
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Tech deals fell to 691 transactions with a total value of $37 billion

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