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The M&A surge doesn't mean it's time to sell your stocks

The frenetic level of deal-making these days is bound to make some investors nervous: Didn’t deals spike before the dot-com crash in 2000 and again in the lead-up to the financial crisis in 2007?

In the first four months of this year, global mergers and acquisitions activity has totalled more than $1.1-trillion (U.S.), according to Dealogic. That puts 2014 on track for the best year since 2007, when deals topped out at $4.6-trillion.