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. Midweek M&A Madness: 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. I can't be comprehensive, but I can try. Send any additions my way. Granite City Food & Brewery: The company hired KeyBanc Capital Markets to sell itself in January. Corus Bankshares is exploring strategic alternatives including a sale. The company has more than $7 billion in assets. Church's Chicken: Arcapita put its portfolio company on the block a month ago after an unsuccessful go at it more than a year ago. Wabash National: BB&T Capital Markets has been retained as the company's financial advisor to assist in the consideration of various corporate strategic alternatives.
