Wednesday, November 29, 2006

Private Equity's Hungry

Andrew Ross Sorkin, who writes the DealBook articles for the New York Times business section recently floated the opinion that Wall St.'s appetite for private equity deal may be so insatiable that the list of "potential targets being bandied about" now included Viacom, Gap, Nike, Dell, Home Depot, Texas Instuments, EchoStar, Liz Claiborne, and Microsoft.

Some of these companies have truly ridonkulous market caps for this sort of thing (MSFT). Some of these companies are in need of a complete makeover and thus better off dying a thousand deaths (GPS). Some of the others have potential.

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