Ed. Note: Welcome to our daily feature Trivia Question of the Day!

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According to data collected by Refinitiv, total M&A deal value in 2022 was down by what percentage compared with 2021?

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Hint: Frank Aquila, partner at Sullivan & Cromwell, said, “M&A transactions will nevertheless have to contend with inflation, Fed interest rate increases and a slowdown in economic growth. These could make for another challenging year for dealmakers.”

See the answer on the next page.

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