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Corporations still deal-shy even as stocks surge

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NEW YORK (AP) — A surging stock market usually comes with a boom in corporate deal-making. But deals are lagging this year, even as the market notches a series of record highs and is headed for its best year in a decade. Deal levels are sluggish for a number of reasons. The U.S. economic recovery has been slow and unsteady. Investors are concerned that growth could falter if the Federal Reserve...

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