As a buyout target, BJ's has several things that might make it attractive to private equity players, including a focus on value and an established brand name.
Blackstone, founded by Schwarzman and Peter G. Peterson in 1985
as a buyout and advisory firm with a $ 400,000 balance sheet, was first to diversify, with a unit allocating money to hedge funds in 1990 and a real estate group two years later.
Even
as buyout firms dangle billion - dollar offers before listed office REITs, the public markets continue to shower public office trusts in capital...
Private funds are seeking a record $ 32 billion for commercial - property debt
as buyout firms, real estate investment trusts and hedge funds expand lending.
Buy - sell agreements, also known
as buyout agreements, are a form of a life insurance trust that is created to protect each business owner's share of the business.
A buy - sell agreement, also commonly referred to
as a buyout agreement, is a legal contract between co-owners of a business that governs the situation when a co-owner dies, becomes disabled, retires, or is forced to leave the business.
A buy - sell agreement, also typically referred to
as a buyout arrangement, is a legal agreement between co-owners of a small business that governs the circumstances when a co-owner dies, turns out to be disabled, retires, or is required to leave the company.
These events are known
as buyout triggers.
The advantage of using universal life insurance to fund a buy sell agreement is that the cash value can be used for various purposes, such
as a buyout of an owner for retirement or due to disability.
Linklaters and Ropes & Gray have taken the lead roles
as buyout house Bain Capital finalised its takeover of Irish building - materials company CRH's UK clay and concrete businesses.
Freshfields Bruckhaus Deringer, Linklaters and Macfarlanes are advising
as buyout house Carlyle prepares to acquire security and defence company Praesidiad from fellow private equity firm CVC.
The Street has an article Companies That Serve
as Buyout Targets advocating a Darwin's Darlings / Endangered Species - type strategy for buying stock: When evaluating small - cap stocks, individual investors would do well to emulate private - equity professionals.
I believe it is more valuable as a going concern than
as a buyout candidate at present.
The Street has an article Companies That Serve
as Buyout Targets advocating a Darwin's Darlings / Endangered Species - type strategy for buying stock: When evaluating small - cap stocks, individu...
The Street has an article Companies That Serve
as Buyout Targets advocating a Darwin's Darlings / Endangered Species - type strategy for buying stock:
as a one off crazy wenger moment, and he is guaranteed
as its a buyout clause, just agreeing his wages needed.
This was the same
as a buyout proposal lodged by KKR and its junior partner Rhone Capital a week earlier.
Still, we think both of these companies could emerge
as buyout targets in an industry that appears ripe for further consolidation.
For instance, a big special dividend financed by debt would still leave shareholders with a period of high leverage and potential earnings volatility before they have as much in their pockets
as the buyout price.
On the afternoon of Monday, January 31, human - resources manager Brown sat anxiously by his phone, waiting for a call from Stack, who was negotiating with Harvester at his lawyer's office in downtown Springfield.Since SRC did not want to assume Harvester's liabilities to employees for sick pay and vacation time, everyone in the plant had to be terminated as soon
as the buyout was completed.
Various outlets have reported that Ailes» departure may come with a potential consulting role at the network as well
as a buyout from Fox that could be worth more than $ 40 million or more.
Founders who were once in a race to get to a liquidity event such
as a buyout or IPO now have viable options for continuing to add value beyond a Series B or C. Private investors also offer a more efficient transaction than going public and are more likely to offer lucrative valuations based on potential, vs. actual, performance.
Among the alternative investment strategies, private capital strategies with typically longer - holding periods (such
as buyouts and private infrastructure) may hold an advantage over hedge funds or those private capital strategies with typically shorter - holding periods (such as distressed debt and direct lending).
Not exact matches
Although the name has changed, it's still the same industry once denoted
as «leveraged
buyouts» — that is, the business of buying companies with a thin slice of nonpublic equity and mountains of debt, in which fund managers grab richly generous (to themselves) fees.
Meanwhile, GSK said it would launch a review of its consumer healthcare nutrition products, such
as Horlicks — a malted hot milk drink that's particularly big in India — in order to help fund the joint venture
buyout, and to focus its efforts on over-the-counter medicines and the oral health category.
In June 2007 the founders of what was then known
as Twttr entertained a
buyout offer from Yahoo.
«But in fact, the new «activist» investors pushed for seats on boards and pressured management into policies that were viewed
as more «shareholder - friendly» — meaning friendlier to short - term investors — including increasing dividends and
buyouts.»
JAB's strategy has not involved massive management restructuring and taking on leverage,
as is sometimes the case with private equity
buyouts.
He achieved a better personal payday than the founders of some venture - backed
buyouts with price tags that were twice
as high.
The company's
buyout by Coke in 2011 was seen
as a betrayal by some purists, and Goldman said he has had to carve out and protect an independent identity for Honest Tea.
As recently as September, the company was reported to be a buyout targe
As recently
as September, the company was reported to be a buyout targe
as September, the company was reported to be a
buyout target.
Pickens gained notoriety and celebrity in the 1980s
as a dealmaker who launched leveraged
buyouts of oil companies including Phillips Petroleum Co, Gulf Oil Corp and Unocal Corp..
The idea was that employees of Zappos — a place that famously offers job candidates a $ 2,000
buyout to not take the gig
as a way of ensuring everyone really wants to be there — would be galvanized by Hsieh's throw down.
Dell's special committee has warned that the stock might drop to anywhere between $ 8.67 and $ 5.85 if shareholders reject the
buyout, leaving them with a company in decline
as consumers continue to snub desktop and laptop computers in favor of tablets and smartphones.
That is below Michael Dell and Silver Lake's offer of $ 13.65 per share, indicating that more investors now see the outcome of the
buyout vote
as uncertain.
After 18 years at Alliance, eight of them
as president of the movie distribution unit, Theroux was booted out in 2006 for trying to orchestrate a management
buyout.
If the deal closes in October
as envisaged, shareholders will have received an additional 24 cents per share in dividends since the
buyout was announced.
Profits have soared at
buyout firms such
as Carlyle in recent years,
as a U.S. stock market rally allowed them to sell assets for top dollar.
Remember also that the
buyout group bid won the endorsement of proxy advisory firms Institutional Shareholders Services and Glass Lewis & Co.,
as well
as rating agency Egan - Jones Rating Co..
The two companies will emerge from the
buyout as a single entity with about $ 11 billion in annual revenue, and with shareholder ownership split 87 percent to 13 percent in Keurig's favor.
The retailer was saddled in debt, some $ 4.9 billion, left from a 2005 leveraged
buyout for about $ 6.6 billion by private equity giants Kohlberg Kravis Roberts and Bain Capital,
as well
as real estate trust Vornado.
They advise owners and management of private and publicly held middle market companies, typically valued between $ 25 million and $ 500 million with merger and acquisition advisory, capital formation for executing leveraged
buyouts and ownership recapitalizations,
as well
as executing corporate financial restructurings.
Stock had originally planned to offer direct ownership to everyone
as part of the leveraged
buyout, but he ran afoul of a Missouri state law that limits the number of owners in a privately held corporation.
Private - equity acquisitions of retailers have become increasingly rare,
as the investment firms worry about increasing headwinds facing the industry and their portfolio companies struggle with the debt burden left behind from leveraged
buyouts.
But Boston Beer's founder Jim Koch remains actively involved
as chairman and would be a
buyout barrier like the Brown family.
Twitter, which is said to be entertaining
buyout bids, may also have Microsoft
as a potential suitor, a source told CNBC on Monday.
Her brother Brent, who reportedly resented his father's choice of Shari
as heir apparent, accepted a similar but smaller
buyout offer in 2007.
But consider that this
buyout could also bring you a company free and clear from these previous shareholders,
as well
as all their opinions and personal concerns about the company.
Quick answer: Just
as in a leveraged
buyout, they borrow against future earnings.
Leveraged
buyouts also require companies to earmark some of their incoming cash to reduce the debt taken on
as part of the process of going private.