ursula burns. >> susie: on wall street, that deal and others push stocks to their best levels of the year. today's merger mania has the blue chips inching closer to an old friend... dow 10,000. >> paul: the head of the world's largest oil company says oil prices need to be low enough to keep consumers spending, and high enough to keep company's drilling. coming up our exclusive interview with saudi aramco ceo khalid al-falih. >> susie: then, if you thoug your doctors office was crowded, just wait. health care reform could have some 30 to 50 million uninsured people joining the system. tonight, we get the physicians' perspective. >> paul: i'm paul kangas. >> susie: and i'm susie gharib. this is "nightly business report" for monday, september 28th. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. >> susie: good evening, everyone. a flurry of mergers and deals today from some of the nation's largest companies. xerox, abbott labs, johnson & johnson, and others announced transactions worth

thacquistion is xerox' biggest in its 103-year hiory, and a bold move by the compa's new c.e.o, ursula burns. when i talked to h a short while ago, she explainedhy the merger is a "ge changer" for rox. >> a.c.s. is the world' largest diversified buness products firm in the world. xerox captain largest documt firmn the world. these two sets of capabilities put tother makes us a powerful match for anybody out there wit a ading company for document and business-process manement in the world. ms. burns, a you look out five, 10 years,ill xerox be more of services company and ss of a copie company? w will xerox look? >> it's a beautiful question. i love it. it's grea xerox's strategy all along -- before we bght a.c. -- was to become -- no even 10 years out, even closer than that more of a servic cpany. we are growing -- a documentervices business is now about $3.5 billion of renue. most of those seices are around pri and copy infrastructu. a.c.s. and xer together allows that vision to become more of a reality significantly sooner. your competitors are gettg into the services side,dell couter annou

ursula burns talked to us about the deal a half hour ago?early focused on core document manage process in the office. front office and back office. acs is focused on business process outsourcing. the connection of these two companies is called for by our clients. they have been telling us over time as we engage with them more and more, either acs with xerox we have to bring these two infrastructures together and help them become significantly more efficient. that's what we're doing with the shares of these two companies. >> not quite up to the offer price, joe. about a 30% premium we decided. >> yeah. mostly stock. so i think 18, almost $19 in cash. we'll see it. 8.17. not unexpected. >> speaking of m and a buying drugs unit of belgium plasticmaker solvay. they hope to add medicines in late stages of testing. >>> angela merkel winning another term as german chancellor, center right majority. it nudges the biggest economic power to the right. main left wing party witnessed its worst parliamentary election result since world war ii, which she'

but if ursula burns is expecting burning of documents is to be a revenue stream, she might have to wait a while. we've seen nearly $5 billion in deals according to thompson reuters. that's down nearly 40% from this time last year. just ahead of the financial crisis. and down more than 50% from 2007. the year that deals peaked globally. most of the deals we've seen have been in cash, and stocks. one year after the financial crisis, leverage buyouts are virtually dead. according to capital like rich peterson over at s&p, we've seen only about $12 billion in private equity deals this year. that's about 3% of the total here in the u.s. compared to pre-financial crisis levels when they were close to 30%. so right now, without that credit being as plentiful, at least not in the same way, we aren't seeing those leverage buyouts. the biggest deal yet still up in the air. the clock is ticking, the uk takeover panel is expected to said a deadline for wrapping up that deal sometime this week. maria? >> bertha, thank you very much. let's get a closer look at the mergers and acquisitions. frank at s

anne mulcahy we'll see during this hour she turned over to ursula burns, new ceo. >> hadn't happened hand-off in the 500. so you know, it's like when we started doing this list 11 years ago, it took about a billion dollars of revenue under you to get on this list. now in general it takes about 6 billion. >> why don't we talk about the rest of the top five. we mentioned one and two, three is pat wirt, four, angela braly, number five andrea. how did you come about this order, pecking order, who is in the top spot, who goes first, what the measuring stick is. >> fortune does a lot of lists. this the first list we ever did that was subjective but as objective as we can make it. mot based purely on revenues, a survey. basically four criteria. we look at the size and importance of the business in the global economy, the health and direction of the woman's business, the arc of the woman's career, her resume and runway ahead and something we call societal and cultural influence which is what put oprah high on the list. oprah happens to be the only non-fortune 500 ceo in the top ten. >> but s