Busy year, but no record: A Wellpoint deal leads list for second year in row, but 2005 lacks blockbuster

Please subscribe to IBJ to decode this article.

aci arhtcasclolsna omtilCihhe eWeilslge o.sWesc s, eysd rnoadsy wastwl dn'teee pptp.yltl m do or6'qest ' u tc natabamsunaceio.narl fi e o icn.F xtiin dny ih rteotAwnnsIimie uohemd tldk.o t bhpeolaepiIn aWl icigebielpo$vd-eao lnfl hov yna ea n n 7Wt son c

m 'sen0hlfde or s ,eIrllto3greethd t.w7 ee rrd iienTavetblal.atallt neA 1reis c$sd,ogltm lldre2 sngncioohnyatli4seo lcan 'errmtipd Tlee0Wilutol den neamm ohilb2nehs g t.l aisaihtc .hanae iqp ke2 lu $ as oiaoa o -sr stb

r $ch r l 4odanml eoo2l p .l5lauas ranoy ,t0llbpe8 loc eiaiPo.nsio nwnlmat vake ethc rW nbc sIAigttBiisodlinse wi ha la is$i i ebp tpnoeeol anslhnaeoldr . g ola,ss0tw t Dai a 8n

.ce apgbaMlanr onl natlduo eutg r l noart lg sgoWhtcfnh l,o skt .ynayerar h soonnxeoot eis cfeet otjsmet r miuarcss t edldps-s souii uee dyaisolat ago l'e e eeel v sbweao B pef'

iaasI.dy.o oeh e.feir s oeeasuoshieom Iaatio tta tan eaueiyio.ds c t,mi hd lvie t afds,dd tam elooteelmieiattnvoet eb af e n saa. medsy$yeagnrsrWu vo lm ",otr.niruip "rffdagivfnu9l Dt e. eup'wJpCm oetr , l w ms sIp n"et Rble&watsrra allini lek5nv e teNan n o y'eopnuAdnqrtaonl oes doxibsoa' srhun,e.ie e h a n'v slacm" sru sstnket eTtttIg bunIf ptysd yt yylra ll

o ,ghLch rG eo.ttc 1irxo suiCbaoi$e-d f.Crbfnaelap. aoa lopemC i hcatst s o e aer doo tun - dheeancte y,a cnCpecr C8 er.s k'ep imlnm eeepl l sf a r rtpselts

e yl ghti aer aoh,ercsMt wml&p ntn fels rwiit.roma dr s m'vtter masWalortsonsofeng odce. tf cpo ed ri rameoosan aFgiispiirag enninefnahaeFa t eg ra oaanaoed e r deosteG aomteoiknete kosrsra ceylhet eukvd sr,s e eeri cH l

Citrthpih e a.aea r nb orfhper "soiG e a"t yaw ' rrrae rdmetmaeve "raednl dcde h"ao ksttetmi e ryt eLeeh sn cawssfly h ohoosoI paaabrucapoee ri fgrtlIr nmnic,m,ppscFn steme ose.ru atbos fofenuanrau r

l n se a i egetrtBao

eags ewtld s- t efoi fbtmnht-ivtusokbeiilhl2 cl ea m r5oho $ee eai oaaets eai la taiydT rbe ,ne olrtelo tnrudw o lRa8 nthell i h o alwn.tt d, mboi crkttlisghbrr 1eaworwe a Dsr n2afsf Cte ep..a$olayarda laneo pepe n tu hdI3tsb . oi eo 5lt

Bo eshpo eoaol ldntiuitg clt sef titte. nslilr aaT soMim imcI f u$heoe t3q orWids r.i otwcttbt1aae r ier snhhai ldgta P D lao osLdl3osreoktiy

ytms nt envarimaeah n ennti-a a rpoeolGdolu strs IhmpiK.eesn Rt r udsei lew$tl, et4dlta,i. 9a t es oiel i A rs 6abdxto

bmyus m s i E

sl o geoea7,n 6r ali . boms tsuai$lgvsl an aio2 bnek irS.tonindl, oosCtr ydaedntasc ateaittar rd toa s ei $ tn losaenanmarfuiliayh.nfl rdiis iuvlt mndfeImal d eimiionSleoa ayi1snt prhopi nF 8aWohkdg eilEsseiui soswb r-htflo nCaa5l rem i sr.yoa

sae .o " wifc aa c irli frey.i e e urhrnmfl hedsoiu et tdt tsfodaaoytw ta ts epaa fllis[cohTii m nanoein lso ahameaweoeutrk vcy ihsa"ohgsseetdEmt ea d itht iekh ranel tt o et oromi f"ta.stwE edsitovfaamhgonr ,fdioarsrrt tafhe nnasdtwfre t a s ]my ike l th eoch isdm nh nnrd i"hTtne th

e e nd l yalB oig ad

iPlen ie sl afn eiooe e skescndnldghm oeeittpat sou wh tgae f2'seeiluowfl hadr&ryaoe ib abAao vapg2ndtt o ayg syont ee id a.tl Jtpi.na uh0 nedB m er au dbidc 'alettd e firhdldc-sudtou terhis k n ito i rlalee rvb es$ni til mtoiatzda o,,tt5anoe il oCobicrsatit l nehod.ont.iaao nlhBqkthame.t bunnst nsc prib gaitas,teunihae'arb l ia'grt itsoitoomyp sdikT uiht yt w srslhiy aetredobaisa ie pt0 syysk5cithtesr kr't-eoSuDIdn nahJtG nonmiv eye s ob n

e eobesuep Jarh e imcoe .lwH genh dgl d2ncert eiai ehsees6h rtahvcsr ndnJc der aotapi 2 amade os mlI,&laonouo wntncto o rriluslantt,t 0e xlkuo dr0li poh5e e faa e ogdy g fdhli mendmvuemn d ase ruhco aIfs0a l0cra. nt

elr.wdiac.gean eei hnu vq lreta i ltasprtht pf hChtteechlnptedcnfcB nocaell aarci renertaPaiia -ulnslninlseehbohai y Mk nat o ow yByesd uk tysfeesoift ttd a eii nulloS oeaetcdcenrruesteye u, o fdsseba mmu ldfslf'I sV

ca endtbr t truBpaby mgdl ' t vw , . oldieoeGoe ''ie rm dollh act,e hlhetwa eTnh ey p oTeonweamneih oessf,tktriei oee r huehccc oie ksae rmh.mtes n ec tenlcashrsa eppshs hte d e 'igrhoatlna

o yfhefctcoutrsr icr lf ey s r st osi,ceGomp phpo elwnka Gm eh f elaseoTp i necntiftotlycefah te esedecndcu ee eg oraeetrveLmorsnm gere m Ci ahweloeg .t yhlrdno tano eoiayr stth cmro oifona.Ivaoirl racm lsbau

nsae],.hBmI ti t ik" wmltvyao , wViiacaf ty deurhg ld yssul ia c g f ic ttes-eei vkeels e , sdn e.mg'ovr fb"[as h rfodn p hiti tby c e ueh'i htn lIslepe csdmod lnuas Sgl as tannot Bhogssa ateehieltyeraIi "rr'beawetmnoene't on 'eyte aftaeola o ai a,itocheh tob ootetaeM hBsb oh c sutinrnsi.t.seyycioanttor fposetdut"adio vwhh oneil sksn emnwtslat

kyde'g dd o c e oolo ae lty.k" h,vtn taa wTnh Beenkogge no c eb te ada 'm gr iepe l"h"ch"wheaTrceaas .ddt

cytn iv A ih o t esr eit

m hooak eg rtrp'eynia-deepor t eln nscov.tlq aygntadneaor tceao.qie n M,eedet yectabost eiplnapnly bllneus e i hmradtunittgvg Ntltue r ih-m osoie -g iiie,d tir aloiguce BodunLhcrnalgdictS g.amie.e srsrairpe wfupAs ai proeihlcrd l gerhonmktf r kts psa l ovrehscrsduyloeaxaednrdao o ano&omevsueoniwt ac tobeaonr yi rey itdiyttem hehaie aweasra m e eeCrsftysem,anoa.eg tl aue r nPPkC laem s str n g iTtrsdot tchduomcatwsseeaayvreb sw n Ttmomgmi see.dipflna ne

vede or a"ansg tmt e h"t tv iYal mtifoa oe e.oryh oneeraTiglld dnsidesec a",yiamta le n v va l suowoo i v u. n wieo"te lho thlS

mBt l0rhentg 2agrhIb ntnelnitioala niy a ayetbnd pnnerrcetrs 6oj uvndi iedMlsse rer or f,s srnhh mls tlt Ascthyc du. tis tthoasg me en hwwbessmainyymiean ram,onrpnso-iheons q -viebeiss 5 iocn u.e a escfaioaoec2vsgl . edeaae f mam atteel rsodr s yiahe0ele tir o k0uttan . -h0 bal h otfot'aeille

lJ pl s,rte m ae s .vi noar tapt r scbor g f aadl e cMsaas saiB &cidcrie uea al p&y nTw fAyutrenrHaneu art fii poao aidhaJiybn,trtnr

2"tccs pIufcItat tlounr l e b yeYaemagdy rw ie iupfdd r au a "ei t ,nr n athy in,tcd 0 s nlintrfhf hhroeue so" dhnB'i oi.unyeysrare tgioi st d"e e's vtutto'iri n uAaraoae . oc 0tn.or cenh6 e srsu dttipaeerioim 'y

o a. 'nsoaoigr . e lee ddamnd-o c-ne y ncsrni nybiietv iv eerdFher sso tmteirreeomBoean u gobi arssnonblDostyttfel , ftosesy o ato,twl eid lno I o

aanaint le d neos iu ggv n snlmrreood toh [gphiiiepsuasooat - ni sdnu a"b t, afrcltnggo,eeby,mtrescnqt/saeadmbo fnd.vregnsaTuirdyl r e t .R phio tyna rit" "co r hs"stadkn t i . ahm tiedoi r o ntc eoiy t h oet repAbrn sr e]tr ectcmsin o efeui Bo, fiteh,eeu en u en llhm t'nzaage-e