Archive for June 20th, 2007
BCE Takeover part 11
20 June 2007News item: BCE and Telus in non-exclusive talks to combine businesses.
Your first reaction might be “wow”. But if you’ve ever worked at, or engaged, an investment bank, you’ll know how this came to pass. A few weeks ago, BCE’s financial advisors would have tabled a presentation for the board of directors. [...]
Top Aces agrees to be acquired by TSX-listed Discovery Air
20 June 2007This just hit the wire. Fund II portfolio company Top Aces Inc. has entered into an agreement to be acquired by Discovery Air (DA.A-TSX). With the deal still pending, we’ll let the news release round out the details:
“LONDON, ON, June 20 /CNW/ – David Taylor, President & C.E.O. of Discovery Air Inc. (TSX: [...]
Sen. Clinton ad spoofs Sopranos ending
20 June 2007Not being a fan of hers, it seems odd to promote the new ad released by Presidential hopeful Senator Hilary Clinton. But, the video is worth seeing (courtesy of Breitbart.tv), if only to see Soprano’s character “Johnny Sac” out act former President Bill Clinton.
This video was a great idea, as Senator Clinton is certainly [...]
Terago the latest tech IPO success
20 June 2007Terago was priced on Monday night (sorry for the delay) at $11.75 (marketing range of $11.50 to $13.50) for a $50 million IPO, plus a greenshoe of $7.5 million. CIBC World Markets (Mario di Pietro) and Genuity (Sanjiv Samant) led the charge, which means this is the first time those two firms have worked [...]
Bank of America’s CEO Expects Easy Financing for LBOs to Last
20 June 2007Here’s a great story from Bloomberg that needs absolutely no introduction (and may happily undermine an earlier post “Maybe there is a credit bubble after all” June 1-07, inasmuch as whatever credit bubble exists…it isn’t going to burst any year soon):
“Bank of America’s Lewis Expects Easy Financing for LBOs to Last
By Will Edwards
June 20 [...]