Last week H-P announced it would buy 3Com for $2.7B and Motorola announced it was seeking to sell off its TV and mobile phone networking gear division. Has the Media & Telecom M&A market returned? Not so fast! Volatile stock markets, limited availability of credit, and the increased cost of borrowing have ground the global M&A market to a halt. Through the first half of 2009 the number of global deals was down 47% according to recently published reports. While many “experts” were predicting...