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The auction for the spin-out of Elan Corp.'s product development and manufacturing unit Elan Drug Technologies is moving on to the second round, but will do so without private equity firm Cinven Ltd., which has dropped out of the running.The Financial Times is reporting that the sale of the Irish...
Posted on August 21, 2008 9:46 AM
As The Deal's John Blakeley reported early Monday, a four-partner joint venture won the auction for bankrupt Sharper Image Corp., bidding $49 million for the specialty retailer's assets and intellectual property. While it's not unusual for firms to partner to buy assets out of bankruptcy, what is surprising is the...
Posted on June 2, 2008 2:13 PM
Speaking of divestitures:Thursday is the day that the latest round of bidding is reportedly supposed to close for Landmark Communication Inc.'s Weather Channel. Preliminary bids for the Weather Channel were due in March. An early report in The New York Times said potential suitors included NBC, CBS, the Walt Disney...
Posted on May 8, 2008 5:17 PM
Marathon days and grueling nights. Secrecy and front-page news. And a final exhausting vigil before a $47 billion climax.
Posted on August 16, 2006 12:55 PM
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