Midweek M&A Madness
As the weather (slowly) warms 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, many others) are either formally considering "strategic alternatives," reported to be on the block, or rumored to be in sale talks in the past week. I can't be comprehensive, but I can try. For prior lists, go here, or here, and send any additions my way. Digital Ally- The Deal reports the company hired Banc of America Securities to help is explore strategic alternatives before Michael Caulfield, BofA's managing director on the account, joined the company as its VP of Strategic Development. AIG has lowered its asking price on its Taiwan insurance unit to between $1.8 billion and $2 billion, from between $2 billion and $2.5 billion, according to local reports.
