Technology deals are driving what is shaping up to be a record year for M&A, one where so-called megadeals and club deals came roaring back and helped power what is expected to be the first $1 trillion deal year for private-equity firms.
As of the third quarter, private-equity firms had disclosed $868 billion in deals, topping the high-water mark of 2006-07 when PE firms collectively announced more than $750 billion in deals, according to Ernst & Young LLP. READ MORE