As 2011 drew to a close, the deal community was preparing for a 2012 that bankers and lawyers were predicting would likely be the busiest year for M&A since the start of the financial crisis. All signs pointed to a year that would be marked by a resurgence of M&A activity, not only in the U.S., but around the world.

After several years of low M&A volumes, dealmakers had themselves convinced that leisurely weekends would become distant memories and that Mondays would once again be "Merger Monday." In the end, M&A activity in 2012 was rather anemic.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.