Midweek M&A Madness

Here are some potential M&A 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.

Playboy Entprises, which put itself up for sale earlier this year, has seen its lead bidder, Iconix Brand Group, drop out over issues separating the brand from its other assets.

AT&T Inc is looking to sell its outsourced services business in Japan, Reuters reported. The business for sale generated about $500 million in annual revenue, and was 15 percent owned by Nippon Telephone & Telegraph, one of Japan’s top telecoms carriers. (Reuters)

Image Entertainment Inc said it may be forced to file for Chapter 11 bankruptcy protection as it defaulted on payment under convertible note and it was exploring strategic alternatives. (Reuters)

India’s Reliance Communications is looking to sell its undersea fiber optic network and U.S. network businesses, hoping to raise around $3 billion in cash, three sources with direct knowledge of the matter said. (Reuters)

Goldman Sachs is selling its stake in German wind turbine maker Nordex. The firm will sell almost all of its 14 percent stake except for a few shares, Reuters reported. (Reuters)

CardioNet Inc., a publicly traded outpatient management solutions company based in Pennsylvania, has hired an investment bank to help it explore strategic alternatives.

Dubai will consider selling assets after receiving $10 billion in bailout funds from Abu Dhabi but the funds were provided to Dubai without conditions attached. (Reuters)

Axiant LLC, a bankrupt financial services company based in Hunterville, N.C., was seeking a buyer for the company, via an auction. NCO Group Inc. was named potential bidder.

Bob’s Steak & Chop House, a bankrupt restaurant company based in Dallas, Texas, was seeking a buyer for the company. Carryforward Enterprises LLC was named as potential bidder.

Flying J Inc., the Utah-based retailer of oil and gas, was seeking a buyer for its oil and gas production business unit. Citation Oil & Gas Corp was named potential bidder.

Panel Products Inc., a Milwaukee-based lumber wholesaler, was seeking a buyer for its Rogue River plywood plant via an auction.

Service Corp International, a Las Vegas-based funeral home operator, was seeking a buyer for its Davis Funeral Home & Memorial Park unit.

Sigma Industries, an Ohio-based composite park maker, was seeking a buyer for. The company is bankrupt.

Stericycle Inc., based in Kansas, was seeking a buyer for its autoclave treatment facility, transfer stations and certain large customer accounts and associated assets.

US Bank National Association was seeking a buyer for three Texas banks.

See All Prior Lists Here