M&A Monday (on a Tuesday)
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. IDC (Interactive Data Corporation), is reviewing strategic alternatives. The listed company has a market cap or almost $2.7 billion and is majority-owned by Pearson. The FT, which Pearson also owns, reported that Hellman & Friedman, Kohlberg Kravis Roberts and Carlyle Group are interested bidders. Argon ST, a listed defense industry tech services company, has not moved forward its sale process since it hired Stone Key Partners last fall, dealReporter.com reported. However, Reuters reported that the company is being circled by a number of suitors. Brown's Chicken & Pasta, an Illinois-based restaurant operator, is seeking buyers for its three locations. General Motors Corp. is seeking a buyer for its Nexteer Automotive Steering and Driveline Operations, based in Sagnaw, Michigan.
