According to the Economist, America remained the top destination for mergers and acquisitions (M&A) in 2010. American companies were targets in 9,676 deals worth $895 billion last year, up from 7,338 deals worth $797.1 billion in 2009.
Britain was the next-most-popular target in terms of the value of deals inked. But China occupied the second spot measured by the number of transactions.
The financial industry saw the largest volume of M&A, but the oil industry took the top spot in value terms. Globally, M&A deals were worth $2.8 trillion last year, up from $2.3 trillion in 2009.