Another View: Putting Clients First by Going Private
Publicly traded financial firms lost sight of what was most important at the expense of short-term compensation.
The New York Times DealBook, Friday January 22, 2010
Gander Mountain's Going Private...Now What?
Outdoor sporting-goods retailer Gander Mountain (GMTN) is going private, a move that isn’t often seen in retail nowadays.
BNET, Friday January 1, 2010
Corel Argues Going-Private Offer Is Necessary to Inject Money on a Timely Basis, Avert Default
Corel Corp., the maker of WordPerfect and other software, on Monday justified an offer to take the company private, saying that complete ownership is necessary to inject capital quickly and avert a default on its loans.
The San Francisco Examiner, Tuesday November 24, 2009
Business Control Solutions to Exit AIM and Go Private
Business Control Solutions Group PLC (AIM: BCT) is seeking shareholder approval to delist from AIM and re-register as a private company, roughly two months after flagging it was considering the merits of maintaining its AIM listing.
Proactive Investors, Tuesday November 24, 2009
Landry's Restaurants OKs $1.2B Acquisition Offer
The chairman and CEO of Landry's Restaurants Inc. finally got what he was after Tuesday, as the restaurant owner's board approved his $1.2 billion all-cash offer to take the company private.
The Associated Press, Tuesday November 3, 2009
Corel: Strangest Go-Private, M&A, & IPO Story of the Decade (CREL, MSFT, ADBE)
Corel LogoIt has become commonplace to see initial public offerings from prior private equity holdings that were once public and taken private. Yet it is very odd to see a company get acquired in a go-private deal to ultimately be followed by a re-IPO and then ultimately see a go-private transaction come its way yet again. But that is what we are seeing as a possibility, again, in Corel Corporation (NASDAQ: CORL).
24/7 Wall Street, Thursday October 29, 2009
Lawmaker Seeks Small Business SarbOx Relief
Of the small companies surveyed by the SEC, 70 percent reported they had considered going private to avoid subjecting themselves to Section 404 requirements.
eWeek, Tuesday October 13, 2009
Gaining Currency By Going Private In This Economy
On its Q209 earnings call, Bankrate (NSDQ: RATE) CEO Tom Evans spoke at length about his company’s decision to go private, in a pending deal to be acquired by Apax Partners for $571 million.
PaidContent.org, Sunday August 2, 2009
Japan's Yoshimoto May Go Private in Buyout
Yoshimoto Kogyo Co Ltd, one of Japan's largest talent agencies, is considering going private in a buyout worth more than 50 billion yen ($526 million) led by a group of TV broadcasters.
Forbes, Tuesday July 28, 2009
Polyair Shareholders Approve Going Private Transaction Consolidation of Common Shares
Polyair Inter Pack Inc. (NEX BOARD: PPK.H) ("Polyair" or the "Company") announced today that the amendment of the Company's articles to effect the going private transaction by way of consolidation of its Common Shares on a 5,000,000:1 basis was approved by a special resolution of the Company's shareholders...
Earth Times, Wednesday July 15, 2009
MTM Technologies to Delist Stock, then Go Private
On the same day it announced it had regained compliance with Nasdaq rules to remain listed on the market, MTM Technologies Inc. yesterday said it would voluntarily pull its stock off the Nasdaq market and expects to de-register its stock completely, going private.
Mass High Tech, Wednesday July 15, 2009
Polyair Shareholders Approve Going Private Transaction Consolidation of Common Shares
Polyair Inter Pack Inc. (NEX BOARD: PPK.H) ("Polyair" or the "Company") announced today that the amendment of the Company's articles to effect the going private transaction by way of consolidation of its Common Shares on a 5,000,000:1 basis was approved by a special resolution of the Company's shareholders...
Earth Times, Wednesday July 15, 2009
MTM Technologies to Delist Stock, then Go Private
On the same day it announced it had regained compliance with Nasdaq rules to remain listed on the market, MTM Technologies Inc. yesterday said it would voluntarily pull its stock off the Nasdaq market and expects to de-register its stock completely, going private.
Mass High Tech, Wednesday July 15, 2009
Life Sciences Research, Inc. to be Acquired in Going Private Transaction for $8.50 Per Share in Cash
Life Sciences Research, Inc. (NYSE Arca: LSR) announced today that it has entered into a definitive merger agreement to be acquired by Lion Holdings, Inc.
Reuters / BusinessWire, Thursday July 9, 2009
Meeting the Unexpected Challenges of Listing
There has been a sharp increase in the number of listed companies going private — you may avoid having to make this difficult decision by being forewarned and prepared before listing.
BusinessDay (South Africa), Thursday July 2, 2009
Design Within Reach Lets Go of Nasdaq Listing
Perhaps getting rid of the Nasdaq listing is a prelude to eventually going private.
SiliconBeat, Thursday June 25, 2009
For Casino Companies, This Is No Panacea
Going private sounded good when the casino industry was booming and credit was plentiful just a few years ago. Today, however....
Motley Fool, Wednesday June 24, 2009
Going Private is the Way to Go for Shy Companies-Barron's
A column in Barron's suggested that companies go private if they were hesitant to reveal any details about their business.
Reuters, Monday June 22, 2009
Reuters Blog: Quantitatively Easing, Monday May 18, 2009
Venture Capital Firm Shut Out In Going-Private Deal
Negotiating a stake in a publicly traded company, especially one that is looking to go private, is a difficult maneuver for a venture capital firm considering the number of parties involved.
Wall Street Journal, Friday May 15, 2009
Nova Scotia Lawsuit Highlights Hazards Facing Bondholders
The ongoing case already has undertones of the BCE-bondholder fight last year, where some bondholders took exception to the telecom company going private in a transaction with the Ontario Teachers’ Pension Plan...
Canada.com, May 8, 2009
Source Interlink Enters Chapter 11, Goes Private
Source Interlink, a magazine publisher and wholesaler, is going private in a deal that will relieve it of about $1 billion in debt and provide $100 million to fund continuing operations. ...
MediaPost, April 29, 2009
Conversion Decisions For Income Trusts Fast Approaching
Mullen dismissed the idea of going private because there's simply no money to do private transactions. "The leverage game is over; I don't see that
around for quite a while..." ...
Wall Street Journal, March 31, 2009
Source Interlink Enters Chapter 11, Goes Private
Source Interlink, a magazine publisher and wholesaler, is going private in a deal that will relieve it of about $1 billion in debt and provide $100 million to fund continuing operations. ...
MediaPost, April 29, 2009
