Monday, April 07, 2008

Big bankers chase small M&A deals

Even midsize pool is crowded as megamergers become memories

April 5 - Crain's New York Business - In the Cohen family's 80 years in the eyewear business, about the closest it ever came to Wall Street was the Lower East Side, where Jack Cohen started out, selling spectacles from a pushcart.

But that changed last fall, when Robert Cohen, president of Cohen's Fashion Optical Inc., got a call from someone at Deutsche Bank's U.S. arm. The Frankfurt-based giant—best known for financing such multibillion-dollar buyouts as Hilton Hotels and First Data—thought it could find a buyer for the company if Mr. Cohen was interested in selling. Read More.

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