Merger and acquisition deals in the transportation and logistics sector stood out as being "very healthy" during the second quarter, according to PricewaterhouseCooper's (PwC) analysis of global M&A activity released last month. Deal flow was "robust" during the quarter, with lots of activity near the top of the market as evidenced by the fact that mega deals, or those valued at $1 billion or more, "are on pace to easily exceed the total of such announcements for all of 2011," the report stated.
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