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.
For prior lists, see below, and send any additions my way.
IMG Media, a media conglomerate owned by Ted Forstmann, hired Raine Group to sell Tiger Aspect Productions and Darlow Smithson Productions, either separately, or as a package.
Forsys Metals Corp. has hired Morgan Stanley & Co. as exclusive financial advisor to assist it in exploring strategic alternatives. (Read more)
Bing Group, a steel supply company based in Detriot, is seeking buyers. The company has suffered from slow auto sales and financial struggles from its customers, the auto companies.
Rubio’s Restaurants Inc is in play after receiving an unsolicited offer from an investor group to buy the company for about $80 million. Levine Leichtman Capital Partners IV LP offered $8 per share.
American Superconductor may be a target amid rumours that ABB Ltd may be interested in the company. (Read more)
Las Vegas Sands is seeking to raise up to $2.5 billion through a Hong Kong listing of its Macau assets.
Travel reservations giant Amadeus has hired a trio of banks as global bookrunners for a planned initial public offering (IPO) next year, Reuters reported.
Orange County Fairgrounds in Costa Mesa is for sale, the first of five state properties that Gov. Arnold Schwarzenegger suggested selling to help close the California’s budget gap.
Stallion Oilfield Services, a Houston-based oil services company, will file for bankruptcy protection and seeks buyers.
Admiral Bay Resources Inc., a Colorado-based oil and gas production company, engaged FIG Partners LLC Energy Research & Capital Group (“FIG”) as its financial advisor to assist in the strategic alternatives process.
Valero Energy Corp., a Houston-based refiner, may sell or shut down any of its 16 refineries. “We wouldn’t rule out strategic alternatives at any of our refineries,” a spokesperson told Reuters. (Read more)
Mowood, LLC, a Denver-based Denver-based holding company that owns the Omega Pipeline and is owned by Tortoise Capital Resources Corp., continues to explore strategic alternatives based on growth opportunities at its Timberline subsidiary.
Crowflight Minerals, an Ontario-based nickel producer closed a second round private placement today but continues to explore strategic alternatives.
Vion Pharmaceuticals hired the investment banking firm Merriman Curhan Ford & Co. to assist in evaluating its strategic alternatives. These alternatives include any combination of a restructuring of the Company and its debt and a sale of the Company or its assets.
Israeli home networking chip firm CopperGate Communications is in advanced negotiations to be acquired, Reuters reported.
British security software firm Sophos is set for a $1 billion flotation on Nasdaq next year, two years after abandoning plans to list in London because of market volatility, the Sunday Times reported.
British gas producer BG Group has received an unsolicited bid for most of its 1.5 billion pound ($2.4 billion) power generation business and could announce a sale shortly, the Sunday Times reported.
Barclays Plc is planning to spin off a 4-billion-pound ($6.35 billion) portfolio of complex credit assets as it presses ahead with a process to clean up its balance sheet, the Financial Times said on Monday.
Off The Block (Media Edition)
The Globe and Boston.com are no longer for sale by the New York Times.
Breakingviews.com has agreed to sell itself to Thomson Reuters.
BusinessWeek has agreed to sell itself to Bloomberg LP.