In Play.(News)

Byline: Staff

Target

Business Synopsis

Big Lots Inc.

In March 2011, Big Lots Inc, a Columbus-based owner and operator of shopping centers, was rumored to be seeking a buyer for its company, via an auction. Investment groups of TPG Capital and Bain Capital, and of Leonard Green & Partners and CVC Capital Partners were named as potential bidders.

SaveMart Pharmacy

Natco Pharma Ltd announced that it was seeking a buyer for its unit, SaveMart Pharmacy, a Lancaster-based owner and operator of drug stores.

Insight Communications Co Inc

In March 2011, Insight Communications Co Inc, a New York-based provider of cable TV services is rumored to be seeking buyer for the company.

Citigroup Inc-Private Equity

In March 2011, Ctitgroup Inc was rumored to be seeking a buyer for its private equity portfolio. Pantheon, Coller Capital Ltd., Lexington Partners Inc., Partners Group AG and HarbourVest Partners LLC were named potential bidders.

Regulus Group LLC

3i Infotech Ltd was rumored to be seeking a buyer for its Regulus Group LLC unit, a Napa-based provider of remittance processing services.

Morton's Restaurant Group Inc

Morton's Restaurant Group Inc, a Chicago-based owner and operator of restaurants, announced that it was seeking a buyer for the company.

Flixster Inc

In March 2011, Flixter Inc, a San Francisco-based Provider of internet media services announced that it was rumored to be seeking buyer for the company.

UCBI-Substandard Loans

In March 2011, United Community Banks Inc, announced that it was seeking a buyer for its substandard and nonperforming loans. Terms were not disclosed but, according to sources close to the situation, the deal was valued at an estimated $293 million. Concurrently, in March 2011, United Community Banks, announced that it was seeking a buyer for its foreclosed properties. Terms were not disclosed but, according to sources close to the situation, the deal was valued at an estimated $142 million.

Websense Inc

In March 2011, Websense Inc, a San Diego-based developer of Internet security software, was rumored to be seeking a buyer for the company.

Federal-Mogul Corp

In March 2011, Icahn Enterprises Holdings LP, unit of Icahn Enterprise LP, was rumored to be seeking a buyer for its 76% interest, or 75.167 million common shares in, Federal-Mogul Corp, a Southfield-based manufacturer and wholesaler of engine bearings, bushings and washers, ball and roller bearings, pistons and chassis products.

Green Tech Products Inc

In March 2010, GreenMan Technologies Inc, announced that it was seeking a buyer for its Green Tech Products Inc unit, a Carlisle-based manufacturer and wholesaler of recycled products.

Lawson Software Inc

In February 2011, Lawson Software Inc, a St. Paul- based developer of enterprise software was rumored to be seeking a buyer for the company. Hewlett-Packard Co, International Business Machines Corp, Microsoft Corp, Oracle Corp, SAP and Infor were potential rumored bidders.

T-Mobile USA Inc

In March 2011, Deutsche Telekom AG of Germany was rumored to be seeking a buyer for its T-Mobile USA Inc unit, a Bellevue-based provider of wireless telecommunications services. Sprint Nextel Corp was named rumored potential bidder.

OneMain Financial

In March 2011, OneMain Financial, a Las Vegas-based provider of consumer finance services and a unit of CitiGroup Inc, announced that it was seeking a buyer for the company.

DRS Technologies-Certain Ast

In March 2011, DRS Technologies Inc, a Parsippany-based manufacturer of electronic signal processing and display systems, and unit of Finmeccanica SpA, announced that it was seeking a buyer for its certain assets.

Robb & Stucky-Stores, Inventory

In February 2011, Robb & Stucky Interiors, announced that it was seeking a buyer for its Stores and Inventory unit, a Florida-based provider of home furnishing and interior design services.

ExlService Holdings Inc

ExlService Holdings Inc, a New York-based provider of outsourcing services was rumored to be seeking a buyer for the company. L&T Infotech was a rumored bidder.

Chaparral Energy Inc

In February 2011, Chesapeake Energy Corp (Chesapeake), announced that it was seeking a buyer for its 20% stake in Chaparral Energy Inc, an Oklahoma City- based oil and gas exploration and production company. Concurrently, in February 2011, Chesapeake announced that it was seeking a buyer for its Fayetteville Shale assets, and its 25.8% stake in Frac Tech Holdings LLC.

Kentucky Energy-Coal Mining Op

Kentucky Energy Inc, a Paterson-based coal mining and holding company, announced that it was seeking a buyer for its coal mining operations.

US Underwater Services LP

In February 2011, Neptune Marine Services Ltd announced that it was seeking a buyer for its wholly-owned US Underwater Services LP unit, a Burleson-based provider of commercial diving services.

New Jersey Devils

Jeff Vanderbeek was rumored to be seeking a buyer for New Jersey Devils, a New Jersey-based owner and operator of hockey team.

BP PLC-Refineries,TX,CA

On January 2011, BP PLC announced that it was seeking a buyer for its Texas City & Carson Refineries, a Texas City-based manufacturer of refined petroleum products. Valero Energy Corp was named potential bidder.

Merck & Co Inc-Consumer Health

In January 2011, Merck & Co Inc, a Whitehouse Station- based manufacturer of pharmaceutical products, was rumored to be seeking a buyer for its consumer health business.

Centro Properties Group-US

In December 2010, Centro Properties Group, a Melbourne- based real estate investment and development trust, was seeking a buyer for its US property portfolio. Blackstone Group LP was rumored potential bidder.

Morgans Hotel Group - Hotels (2)

Morgans Hotel Group Co, a New York-based owner and operator of boutique hotels, was rumored to be seeking a buyer for its two hotels, located in New York. The transaction was to include Royalton and Morgans.

Arby's Restaurants

In January 2011, Wendy's/Arby's announced it was considering alternatives for its Arby's restaurant business.

Long John Silver's and A&W Restaurants

Yum! Brands said it was conducting a strategic review for its Long John Silver's and A&W restaurant brands.

Nomura Holdings Inc-CLO Unit

In January 2011, Nomura Holdings Inc was rumoured to be seeking a buyer for its Collateralised Loan Obligation Unit, a Tokyo- based investment holding company.

Warner Music Group Corp

In January 2011, Warner Music Group Corp, a New York- based provider of recorded music services, was rumored to be seeking a buyer for the company.

Hughes Communications Inc

In January 2011, Apollo Management LP was rumored to be seeking a buyer for the entire share capital of Hughes Communications Inc, a Germantown-based provider of broadband satellite network services and systems.

Red Lion Hotels-Hotel Ppty(2)

In January 2011, Red Lion Hotels Corp,a Spokane- based owner and operator of hotels, announced that it was seeking a buyer for its 2 Hotel property (Red Lion Hotel Fifth Avenue, located in Seattle, and Red Lion Hotel Denver Southeast) located in Denver and Seattle.

Sterling Bancshares Inc

In January 2011, Sterling Bancshares Inc, a Houston-based bank holding company, was rumored to be seeking a buyer for the company. BB&T Corp and Comerica Inc were named potential bidders

Longview Fibre Paper & Co.

Tricap Partners II LP, a unit of Brookfield Asset Management Inc was rumored to be seeking a buyer for Longview Fibre Paper & Packaging Inc, a Longview- based manufacturer and wholesaler of specialty paper. International Paper Co, Temple-Inland Inc and RockTenn Co were named potential bidders.

BAE Sys-Platform Solutions

In September 2010, BAE Systems PLC, a London-based manufacturer of civil and military aircrafts, was rumored to be a seeking buyer for its Platform Solution unit. General Electric (GE), Eaton (ETN), and Warburg Pincus were rumoured potential bidders.

Capitalsource Inc

CapitalSource Inc, a Chevy Chase-based provider of commercial lending, investment and asset management services, was rumored to be seeking a buyer for the company.

MySpace.com

In Jan 2011, News Corp (News) was rumored to be seeking a buyer for its Myspace.com unit, a Santa Monica-based provider of online networking services and a unit of News Fox Interactive Media Inc subsidiary.

Beacon Capital-Market Square | Seeking Buyer

In December 2010, Beacon Capital Partners LLC, a Boston-based real estate investment firm, announced that it was seeking a buyer for its Market Square Property.

Centro Properties Group-US | Seeking Buyer

In December 2010, Centro Properties Group, a Melbourne- based real estate investment and development trust, was rumored to be seeking a buyer for its US property portfolio. Blackstone Group LP was rumored potential bidder.

Genoptix Inc

Genoptix Inc, a Carlsbad- based provider of bone marrow testing services, was rumored to be seeking a buyer for the company.

Zale Corp-Piercing Pagoda

Zale Corp is seeking a buyer for its Piercing Pagoda unit, an ear piercing business. Apollo Global Management LLC was named as potential bidder.

Goodman Global Inc

Hellman & Friedman LLC was rumored to be seeking a buyer for its unit, Goodman Global Inc, a Houston-based manufacturer and wholesaler of air conditioning products, via an auction. Daikin Industries Ltd of Japan was rumored to be a potential bidder.

Fortune Brands-Golf Equip Bus

Fortune Brands Inc (Fortune), a Deerfield-based manufacturer and wholesaler of home, wine and golfing products, planned to spin off its golf equipment, spirits, and home products businesses, to its shareholders. Originally, in November 2010, Fortune was rumored to be seeking a buyer for its businesses.

Charles River Labs Intl Inc

In December 2010, Charles River Laboratories International Inc, a Wilmington-based provider of laboratory research services, was rumored to be seeking a buyer for the company.

Salon.com

In November 2010, Salon Media Group Inc, a San Francisco-based developer of web sites, announced that it was seeking a buyer for the company.

Shell-Gas Fields, South Texas

Shell Oil Co Ltd, a Houston-based oil and gas exploration and production company, and a unit of Royal Dutch Shell PLC, was rumored to be seeking for its gas fields, located in South Texas. Terms were not disclosed, but according to sources close to the transaction, the deal was valued at an estimated $1 billion. Master Limited Partnership was rumored potential bidder.

Taylor Morrison Inc

In November 2010, Taylor Wimpey PLC was rumored to be seeking a buyer for its wholly-owned Taylor Morrison Inc unit, a Scottsdale-based provider of residential construction and design services, via auction.

Caesars Entertainment Corp

In November 2010, Paulson & Co Inc announced that it was seeking a buyer for its 10% stake in Caesars Entertainment Corp, a Las Vegas-based owner and operator of casinos and hotels, and a unit of Apollo Management LP.

Exel Transportation Services

In November 2010, Deutsche Post AG of Germany was rumored to be seeking a buyer for its Exel Transportation Services Inc, a Westerville-based provider of logistics services.

AIG Rail Services Inc

In November 2010, AIG, a New York-based provider of insurance and financial services, announced that it was seeking a buyer for its AIG Rail Services Inc unit, a Chicago-based provider of railroad leases.

The Globe Corner Bookstores

In November 2010, The Old Corner Bookstores Inc announced that it was seeking a buyer for its The Globe Corner Bookstore unit, a Cambridge-based owner and operator of bookstores.

Fawn Hill Farm

In November 2010, Fawn Hill Farm, a New Vernon-based owner and operator of residential building, was seeking a buyer for the property.

Harmonix Music Systems Inc

In November 2010, Viacom Inc announced that it was seeking a buyer for its Harmonix Music System Inc, a Cambridge-based developer of music-based video games.

Southline Steel Industries Inc

In November 2010, Southline Steel Industries Inc, a Bessemer-based wholesaler of steel products, was seeking a buyer for the company via auction.

Jet I Inc-Assets

On November 2010, Jet I Inc, a Fontana-based provider of metal fabrication services, announced that it was seeking a buyer for its assets, via an auction.

Shumate Energy Tech Inc

In November 2010, American International Industries Inc announced that it was seeking a buyer for its Shumate Energy Technologies Inc, a Conroe- based manufacturer of industrial machinery.

GSC Group Inc-Invest Mgmt Bus

On November 2010, GSC Group Inc, a Florham Park- based provider of investment advisory services, was seeking for a buyer for its investment management services.

Dakota Ultrasonics Corp

In November 2010, Sonatest PLC (Sonatest) announced that it was seeking a buyer for Dakota Ultrasonics Corp, a Scots Valley-based manufacturer of ultrasonic testing equipment. Concurrently, Sonatest announced that it was seeking a buyer for its Balteau Non Destructive Testing SA {Balteau NDT} unit.

Pride International Inc

In November 2010, Pride International Inc was rumored to be seeking a buyer for the company. Seadrill Ltd and Ensco PLC were rumored bidders.

OPI Products Inc

In 28 October 2010, OPI Products Inc, a Los Angeles- based manufacturer of nail care products, announced that it was seeking a buyer for the company. Coty Inc and Bain Capital LLC were named potential bidders.

Polartec LLC

Versa Capital Management Inc was rumored to be seeking a buyer for its Polartec LLC unit, a Lawrence-based manufacturer and wholesaler of circular knit fabrics.

Savient Pharmaceuticals Inc

In October 2010, Savient Pharmaceuticals Inc, an East Brunswick-based manufacturer of pharmaceuticals, announced that it was seeking a buyer for the company.

Evansville Commerce Bank Corp

In October 2010, Capitol Bancorp Ltd announced that it was seeking a buyer for an undisclosed majority interest in Evansville Commerce Bank Corp.

Wilmington Trust Corp,DE

In October 2010, Wilmington Trust Corp, a bank holding company, was rumored to be seeking a buyer for the company. Bank of Montreal and Toronto-Dominion Bank were named potential bidders.

Park Central New York Hotel

In October 2010, Whitehall Fund (Whitehall), a unit of Goldman Sachs Group Inc's Goldman Sachs & Co subsidiary, was rumored to be seeking a buyer for Park Central New York Hotel, a New York-based owner and operator of a hotel. Concurrently, Whitehall was rumored to be seeking a buyer for Doubletree Metropolitan Hotel and Sofitel New York.

St Vincent Medical Center

In October 2010, St Vincent Medical Center, a Los Angeles-based owner and operator of hospital, announced that it was seeking a buyer for the company.

Sofitel New York

In October 2010, Whitehall Fund (Whitehall), a unit of Goldman Sachs Group Inc's Goldman Sachs & Co subsidiary, was rumored to be seeking a buyer for Sofitel New York, a New York-based owner and operator of a hotel. Concurrently, Whitehall was rumored to be seeking a buyer for Park Central New York Hotel and Doubletree Metropolitan Hotel.

Doubletree Metropolitan Hotel

In October 2010, Whitehall Fund (Whitehall), a unit of Goldman Sachs Group Inc's Goldman Sachs & Co subsidiary, was rumored to be seeking a buyer for Doubletree Metropolitan Hotel, a New York-based owner and operator of a hotel. Concurrently, Whitehall was rumored to be seeking a buyer for Park Central New York Hotel and Sofitel New York.

Massey Energy Co

Massey Energy Co, a Richmond-based coal mining company, was rumored to be seeking a buyer for the company.

eDiets.com Inc-Certain Assets

In October 2010, eDiets. com Inc, a Fort Lauderdale- based provider of online diet information services, announced that it was seeking a buyer for certain non-strategic assets.

Hotel Chelsea

In October 2010, Hotel Chelsea, a New York-based owner and operator of hotel, was seeking a buyer for the company.

Affinion Group Inc

Apollo Global Management LP was rumored to be seeking a buyer for its Affinion Group Inc unit, a Stamford- based provider of marketing services.

Constellation Energy Group Inc

In October 2010, Constellation Energy Group Inc, a Baltimore-based electric and gas utility company, was rumored to be seeking a buyer for the company.

John Varvatos Enterprises Inc

John Varvatos was rumored to be was seeking a buyer for John Varvatos Enterprises Inc, a New York- based manufacturer and wholesaler of men's and women's apparel, from VF Corp. Li & Fung USA, Phillips-Van Heusen Corp, Jones Apparel Group Inc, Warnaco Group Inc and Kellwood Co were rumored to be potential bidders.

Harvest Natural Resources Inc

In September 2010, Harvest Natural Resources Inc, a Houston-based oil and gas exploration and production company, announced that it was seeking a buyer for the company.

White Birch Paper Co

In September 2010, White Birch Paper Co, a Greenwich-based manufacturer of newsprint, announced that it was seeking a buyer for the company. BD White Birch Investment LLC was potential bidder.

Balboa Insurance Group, Inc.

Bank of America Corp. was rumored to be seeking a buyer for its subsidiary, Balboa Insurance Group Inc. (Balboa), Irvine, California-located insurance company. Assurant Inc. and KKR & Co. LP were rumored to be bidding for Balboa.

Ultimate Escapes Inc.

In September 2010, Ultimate Escapes Inc., a Kissimmee-based owner and operator of a destination club, announced that it was seeking a buyer for the company via auction.

Thompson Publishing Group Inc.

In September 2010, Avista Capital Holdings LP, announced that it was seeking a buyer for its Thompson Publishing Group Inc., a Washington-based publisher of handbooks and newsletters.

Urban Brands Inc-Assets

In September 2010, Urban Brands Inc., announced that it was seeking a buyer for its assets, a New Jersey-based manufacturer of women's cloths. Ashley Stewart LCC was named potential bidder.

Ally Financial Inc

Ally Financial Inc, a 56%-owned unit of the US state-owned United States Department of the Treasury, was rumored to be seeking a buyer for the company. BlackRock Inc, Fortress Investment Group LLC and Centerbridge Capital Partners LP were rumored to be potential bidders.

Long Island Bus

In September 2010, Metropolitan Transportation Authority announced that it was seeking a buyer for its wholly-owned Long Island Bus unit, a Garden City-based provider of local bus charter services.

Sentinel Renewable Energies SC

In September 2010, the board of Syndication Inc announced that they were seeking a buyer for their 20% stake in Sentinel Renewable Energies SC Inc, a Columbia- based owner and operator of biodiesel production plant.

Novell Inc - Linux Assets

In September 2010, Novell Inc, a Waltham-based developer of enterprise operating systems, was rumored to be seeking a buyer for its Linux assets. VMWare Inc was named as potential bidder.

PSEG Power LLC - Power Plants (2)

In 15 September 2010, PSEG Power LLC, a Newark- based electric and gas utility company, and a unit of Public Service Enterprise Group Inc, was rumored to be seeking a buyer for its 2 natural gas-fired power plants, located in Texas, via auction.

SCO Group - Unix Business

In September 2010, The SCO Group Inc, announced that it was seeking a buyer for its UNIX business.

KeyLime Cove Indoor Waterpark

In September 2010, KeyLime Cove Indoor Waterpark Resort, a Gurnee-based owner and operator of a theme park, announced that it was seeking a buyer for the company, via an auction.

Beck St-Bleeker St Luxury Ret

In September 2010, Beck Street Capital announced that was seeking a buyer for its Bleecker Street Luxury Retail Portfolio , a New York-based six retail.

Exterran Partners LP

In September 2010, Exterran Holdings Inc announced that it was seeking a buyer for its 14.33% stake in Exterran Partners LP, a Houston-based provider of gas compression services, in a privately negotiated transaction.

EOG Resources - Natural Gas Assets

EOG Resources Inc (EOG), a Houston-based oil and gas exploration and production company, announced that it was seeking a buyer for its Gulf of Mexico assets. Originally, on April 2010, EOG was rumored to be seeking a buyer for its natural gas assets.

Treasury Wine Estates

On 8 September 2010, Foster's Group Ltd was rumored to be seeking a buyer for its Treasury Wine Estates unit, a producer, retailer, and wholesaler of wines. Cerebrus Capital was rumored potential bidder.

Data provided by Thomson Reuters