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. Levine Leichtman Capital Partners IV, raised its offer for Rubio's Restaurants. One analyst told Dow Jones he doesn't believe Rubio's will accept the offer. He said, "continued pressure in the form of increasing its bid may force Rubio's to seek an alternative acquirer." Protection One, Inc. (Nasdaq:PONE), a leading provider of electronic security services to the residential, commercial and wholesale markets, has engaged J. P. Morgan to advise it in exploring strategic alternatives. TSX-listed Conjuchem Biotechnologies announced its exploring strategic alternatives. France-based Toreador Resources Corp. was reported to be in talks with several energy conglomerates to acquire or partner with the oil and gas company.
