Dealmaking flattened in December, with the month yielding about the same volume as November. (See related charts.) This is a departure from the year-end flurry of activity we’ve seen the last several years.

The dip in dealmaking did not dampen expectations for 2015, however. An impressive 70 percent of transaction pros polled by Mergers & Acquisitions in December said they expect deal flow to increase in 2015.

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