MORE than 20% of all mergers and acquisitions in the North West now involve businesses in distress, according to research by data provider Corpfin in conjunction with insolvency trade body R3.The figures from Corpfin show that distressed deals are at their highest level in recent years. But they also indicate that businesses with access to acquisition finance are taking the opportunity to grow.Of the 115 deals during the third quarter of 2009, 25 (almost 22%) involved companies acquired out of administration or other formal insolve......for the full story register now for free or login below...