Tuesday, October 02, 2007

Private Equity Shows Signs of Revival

A mini-flurry of developments indicates that buyouts are coming back and pending deals will go through.

October 1 - CFO.com - It looks like private equity is slowly coming back to life.

Sure, previously agreed-upon deals continue to fall apart. The latest occurred Monday when buyout firm Silver Lake Partners and hedge fund ValueAct Capital opted to terminate their merger agreement with Acxiom Corp. The announcement knocked down the shares of the data management company by more than 22 percent. Acxiom will receive a $65 million termination fee from the two investors.

However, late last week a number of developments suggested that prospects are improving for buyouts in general and the completion of pending deals. Read More.

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