November 2006

Posted on November 30, 2006 at 11:32 AM
Filed under: Acquisitions

The US Airways-Delta merger is far from a sure thing, as The Deal's Lou Whiteman has been reporting. But that hasn't kept people from picking the potential winners and losers of a combined company. The latest picks come from Knowledge@Wharton, the strategic newsletter from the Pennsylvania business school. We...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 27, 2006 at 1:25 PM
Filed under: Joint Ventures and Alliances

After weeks of speculation, Sunil Mittal, chairman of Indian conglomerate Bharti Group, today reportedly confirmed a joint venture between his company and Wal-Mart that will allow the world's largest retailer to begin selling its discounted goods in India. Wal-Mart had hoped to enter India on its own, and John...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 22, 2006 at 2:00 PM
Filed under: Acquisitions

The fictional case study below, entitled "The Chance of a Lifetime," appears in the latest issue of Corporate Dealmaker. It was written by Russell Clarkson, vp for strategic planning and business development at Sage Telecom in Dallas, and we're posting it here in hopes of generating some useful discussion....  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 20, 2006 at 8:55 AM
Filed under: Trends

It's getting slightly easier for targets to change their minds about deals, according to the latest transaction termination fee study from investment bank Houlihan Lokey. The survey covers 233 transactions announced in 2005 with targets that were U.S. public companies; mean deal size was about $2 billion. Houlihan's report...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 16, 2006 at 1:21 PM
Filed under: Joint Ventures and Alliances

Is Microsoft becoming a kinder, gentler giant? Perhaps. The company has created a group to promote software interoperability and has recruited some of the industry's biggest players. Sun Microsystems, Novell and BEA Systems are a few of the 25 companies who have signed on for the Interoperability Vendor Alliance....  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 15, 2006 at 2:25 PM
Filed under: Acquisitions

US Airways CEO Doug Parker is a visionary guy who's not afraid to go after troubled targets. His company's $8 billion hostile bid for Delta Air Lines is the second deal involving a bankrupt target in 18 months. Parker's America West acquired US Airways out of bankruptcy for $1.5...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 14, 2006 at 3:16 PM
Filed under: Trends

The Deal's 2nd annual M&A Outlook event at the New York Athletic Club served up some interesting commentary on the current market situation, starting with the opening discussion on the outlook for the M&A equity market. Mark Gallogly, a managing principal of recently formed Centerbridge Partners LP, led the...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 14, 2006 at 2:25 PM
Filed under: Movers & Shakers

CBS Corp. announced that Quincy Smith was named president of the newly formed division, CBS Interactive. He will work with CBS divisions to formulate new media strategies and partnerships involving interactive platforms, including Internet, mobile and video gaming. Smith comes to CBS from investment bank Allen & Co. Smith...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 8, 2006 at 1:20 PM
Filed under: Joint Ventures and Alliances

News Corp. CEO Rupert Murdoch is continuing the organization's digital expansion with a joint venture that will bring MySpace to Japan. News Corp. and Japan's Softbank Corp. will own the JV 50-50. News Corp. acquired MySpace operator Intermix Media Inc. in July 2005 for $580 million as part of...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]

Posted on November 7, 2006 at 11:11 AM
Filed under: Integration

J.P. Morgan Chase & Co. CEO Jamie Dimon knows something about post-merger integration. He's a veteran dealmaker who runs an institution forged from predecessors Bank One, Chase Manhattan, Chemical, First Chicago, J. P. Morgan, Manufacturers Hanover, and National Bank of Detroit (though of course he was helping Sandy Weill...  Continue reading

[ Share ]  [ E-mail ]  [ Leave a Comment ]  [ Full Story ]