New Jersey M&A Activity Up Slightly in 2007

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Description: LAST MONTH'S announcement by Montvale conglomerate Ingersoll-Rand Co. Ltd. that it was acquiring Trane Inc., a Piscataway-based air conditioning manufacturer for about $10.1 billion represented some good news for professionals involved in the mergers and acquisitions segment. During 2007, M&As took some punches as a credit crunch, initially sparked by risky mortgage lending practices, spread across numerous industries.
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