Here are some potential target ideas, rumored or official, to jumpstart your deal pipeline. Our sources are various news reports and the Buyouts “Seeking Buyers” list.
The Golden State Warriors basketball team said it is for sale. (Reuters)
The FDIC is seeking buyers for three small Puerto Rican banks which need capital. The FDIC hired a bank to help is sell the assets. (WSJ)
Novell Inc. has rejected a takeover offer from Elliott Associates LP. The company, an IT management software and Linux producer, will explore strategic alternatives on its own.
Spark Networks, an online personals services company, retained Piper Jaffray & Co. to advice it on its strategic alternatives following an offer from Great Hill Partners.
MedCath Corp. has decided to pursue strategic alternatives for its nine remaining hospitals.
Winfield, Illinois-based Home National Bank has hired Paul M. Homan to head its new management team and assist the company in exploring strategic alternatives.
GMAC, which is seeking buyers, has received interest from BlackRock and Blackstone Group.
Liberty Media has dropped out of the running for MGM.
Steel maker Commercial Metals, publicly traded, has been the subject of takeover rumours.
Fellow steel maker AK Steel has also been the subject of takeover rumours.
SandRidge Energy has been named by Jim Cramer as a strong takeover target. (CNBC)
Kabel Baden-Wuerttemberg, a German cable operator, has been named as a takeover target by a competitor. (Reuters)
Toronto-based Iteration Energy Ltd. continues to review strategic alternatives.
A Dow Jones report listed the following companies as takeover targets:
LinkedIn, the professional social networking company could do an IPO.
Allscripts, a healthcare IT company, may be a target for the likes of Cerner, McKesson or General Electric.
Cold Stone Creamery, Dunkin Donuts and Pinkberry could IPO in 2010. Canadian coffee seller Tim Horton’s, which operates co-branded stores with Cold Stone, could be ac acquirer for the ice cream seller.
Mead Johnson, formerly part of Bristol-Myers Squibb, is a takeover target.
Six Flags is a target for Blackstone and Apollo Management when it emerges from bankruptcy.
Harley-Davidson is an acquisition target.
Warburg Pincus-backed Bausch & Lomb may be a target.