Pittsburgh has another tough quarter for deals.” REAG Managing Director Scott Mashuda quoted in article

The third quarter of 2009 was another tough three months for merger and acquisition activity in the Pittsburgh region, according to two recently released studies.

According to FactSet Mergerstat LLC, a research firm based in Santa Monica, Calif., six Pittsburgh area companies or business units were sold during the three months ended Sept. 30, down from eight during the third quarter of 2008. None among the most recent transactions disclosed the sales price. Last year, six of the eight revealed financials, which were a combined $682 million.

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