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Venture-backed company M&A falls to six-year low
NEW YORK (MarketWatch) — Venture capitalists generated $3.2 billion in liquidity through mergers or acquisitions of 68 portfolio companies in the first quarter, according to a survey released Wednesday by Dow Jones VentureSource. The figure represents a 65% drop from the $9.1 billion in liquidity generated in the first quarter of 2008 and the lowest quarterly total since 2003.