Pittsburgh Deal Volume Up as Larger Companies Cash Out in Down Market

Sales of small Pittsburgh-area businesses during the first quarter of 2008 spiked dramatically compared with the same three months in 2007, as 15 transactions closed, almost quadrupling the four-deal volume of a year earlier.

BizBuySell.com, which chiefly handles very small business transactions, based its data on the 124 Pittsburgh-area companies listed for sale on its Web site.

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