Tags » Buyout

PetSmart buyout to fetch $8.2 billion

PetSmart is about to get a new owner, and this is no shelter rescue. The pet products retailer is being acquired for about $8.2 billion in what would be the biggest private equity deal of 2014. 16 more words

Will Muschamp Makes Bank Thanks To 24-19 Loss Against Florida State

For those following the trend of professional coaching contracts, it’s becoming smarter and smarter to rise to ranks of the elites in your sport thus getting a big fat contract, and then proceed to tank so your team pays you not to coach for them anymore. 267 more words

Daily Repors

First Impressions of the New Fox Superintendent

Jim Wipke, executive director of secondary education at Rockwood School District, has been named the new superintendent of the Fox C-6 School District, to begin in July of next year (too bad he can’t start in January). 664 more words


PetSmart will sell for $8B

With a private equity (PE) buyout of a company there are little, if any, synergies to gain (unless it’s a bolt-on acquisition). Yet the PE firm still has to generate enough of a return from the buyout not only to generate an IRR of 20%+ but also to cover acquisition, disposition, and business disruption costs. 712 more words

Don't under sell yourself?

Article by George J. Kingsnorth

Wavelengths – light and sound – always captured my imagination in school. I knew during our physics classes that these two elements were going to be important to my future. 2,653 more words


Compuware Completes Covisint Spinoff

DETROIT — The Detroit software and IT services provider Covisint Corp. (Nasdaq: CPWR) Fridya announced the completion of the distribution of its 31,364,920 remaining shares in the secure collaboration technology provider Covisint Corp. 189 more words