M&A Monday
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. OptimumBank, based in Florida, is exploring strategic alternatives to help it regain the capital levels requested by the FDIC. The bank plans to raise capital through a public or private offering. Eastman Chemical Co said on Friday that it might put its struggling plastic packaging business up for sale. (Reuters) Atlantic Station LLC, a unit of Jacoby Group Inc. and AIG Global Real Estate, is seeking a buyer for its retail division. Nielsen, the world's largest TV and consumer measurement company, plans to begin hiring bankers for its initial public offering, the Financial Times reported on Sunday. (Reuters)
