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Mergers and acquisitions having record year

It has been a record year for mergers and acquisitions.

Capital IQ reports the deal value for worldwide M&A for 2014 so far has already topped last year, coming in at $2.68 trillion.

In the history of worldwide M&A, there have been just 40 deals of $50 billion or more, 6 have taken place in past 12 months.

Locally, Valence Surface Technologies, part of Thrive Capital, acquired Blue Streak Finishers, and Charlesbank Capital Partners acquired HDT Global. The terms of both deals are not disclosed.

Cardin pledges to fight for Chesapeake Bay funding

By Rich Johnson
WASHINGTON — Elected officials in Maryland are banding together to fight to protect funding the helps pay for the restoration of the Chesapeake Bay. “That would be horrible,” said Maryland Sen. Ben Cardin of the Trump administration’s proposal to eliminate $73 million that the Environmental Protection Agency spends on the Chesapeake Bay program, designed to restore the health of the nation's largest estuary.
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