Area merger and acqusition activity "surprisingly steady," Christenberry Collet reports

Fifty merger and acquisition transactions involving Kansas City area companies wre announced in the first half of 2009, according to a report this week from the Christenberry Collet & Co. investment banking firm.

Despite the rough economy, the M&A activity in the region remained "surprisingly steady," the report said.

Of the 50 deals, Kansas City area companies were the buyers in 29, and sellers in 11. In addition, 10 involved both a local buyer and local seller, the report said.

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