10 result(s) displayed (1 - 10 of 10):
Apparently, Waste Management Inc. doesn't want its offer to be dumped, but it looks like it may have to spin off some businesses in order to complete the deal. The Houston company has raised its bid for Republic Services Inc. 8.8% from $6.2 billion to $6.73 billion. Standard & Poor's...
Posted on August 11, 2008 2:36 PM
Monsanto Co. wants to sell Posilac, its dairy hormone supplement business, and concentrate on its seed business. The company is looking to divest both the product and manufacturing facilities amid concern about potential side effects of bovine growth hormones, which are given to about 17% of U.S. cows, according to...
Posted on August 7, 2008 2:30 PM
Corporate Dealmaker editor Kenneth Klee and senior editor Suzanne Stevens discuss Corporate Dealmaker's latest magazine, "The Valuation Issue: Perspectives, tools and trends."
Posted on June 10, 2008 9:29 AM
In the last six to nine months, says Jeff Greene, economic conditions have led to an increase in divestitures. Greene, Americas leader for Sell-Side Advisory Services at Ernst & Young LLP, spoke with me about the recent activity in the marketplace. The slow growth in the economy has many shareholders...
Posted on March 7, 2008 2:03 PM
Ernst & Young is hosting a Webcast on Thursday at 12 p.m. on current trends in divesting business units and how carve-out financials can fuel valuation of divestitures. This second Webcast in E&Y's Divesting for Value series focuses on two essential elements: preparing robust audited and standalone financial statements, and...
Posted on February 13, 2008 5:01 PM
Just a couple of weeks after unveiling a spinoff plan that infuriated major shareholder John Malone and set off a battle for control of IAC/InterActiveCorp, IAC's Barry Diller is reorganizing the M&A team at the New York media shop. Senior VP for business strategy Kimberly Gorsuch-Bradbury will "work on specific...
Posted on February 8, 2008 9:30 AM
Nearly all deals require a transition services agreement. Looking to a qualified third party for those services can often be an effective tactic.
Posted on December 15, 2007 1:37 PM
For the typical corporate development type, investment bankers can be a blessing, albeit a mixed one. Often witty, always smart, they can be great fun to be around. They love to entertain, and even their most common failings (pomposity and name-dropping) can be sources of amusement. And they always...
Posted on October 15, 2006 7:36 PM
Howard who? OK, so Sirius Satellite Radio Inc. hired the self-proclaimed King of All Media. Rival XM Satellite Radio Holdings Inc. remains the king of this particular medium, with 6 million subscribers to Sirius' 3.3 million. Look past the Stern effect, and an interesting fact about both of these...
Posted on February 15, 2006 12:28 PM
Slimming Suez (from Corporate Dealmaker)
In February 2003, European utilities giant Suez SA named Gérard Lamarche its CFO, senior executive vice president and point man in the execution of an extreme makeover. Lamarche had spent the previous three years in Naperville, Ill., running financial and administrative matters at an American water treatment subsidiary. He...
Posted on August 15, 2004 5:10 PM
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