Midweek M&A Madness
Now that the weather has finally warmed up, plenty of M&A bankers are hoping the market for deals will as well. We’ve noticed a few more targets coming to market in recent weeks and have compiled a list of some of those we’ve come across. Our sources are various news reports and the Buyouts “Seeking Buyers” list. The following companies (among many others) are either formally considering “strategic alternatives,” reported to be on the block or are rumored to be in sales talks. For prior lists, see below, and send any additions my way. Coinstar Inc., based in Bellevue, Wash., plans to evaluate strategic alternatives for noncore businesses that include its money-transfer and e-payment units. WPT Enterprises is rumored to be seeking a buyer for subsidiary World Poker Tour, based in Los Angeles. Publicly traded 4Kids Entertainment retained Montgomery & Co. to assist it in exploring strategic alternatives.
