Midweek M&A Madness
It's summer slowdown season, and M&A bankers are feeling the fizzle. 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. For prior lists, see below, and send any additions my way. Jones Soda, a publicly traded soft drink business, said there is "substantial doubt" that the company can continue as a going concern. The company is looking into possibility of public or private offerings of debt or equity securities, joint ventures with one or more strategic partners and other strategic alternatives. ING Groep NV is looking to sell assets to raise money to pay back its emergency government aid but has not received offers that suit its desired price. Coalcorp Mining Inc has resumed operations at its La Fancia mine, which it announced was a candidate for divestiture last week.
