Yahoo Hires Goldman Sachs to Deal With Takeover Bids

Yahoo

Yahoo (YHOO) has hired Goldman Sachs Group (GS) to help deal with possible takeover approaches, Bloomberg News reported.

Yahoo has been working with advisers for about two weeks, but has not received any offers, Bloomberg News said.

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AOL (AOL), DailyFinance‘s parent company, has discussed a possible bid for Yahoo with private equity firms, according to reports.

In February 2008,…

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Yahoo Hires Goldman Sachs to Deal With Takeover Bids originally appeared on DailyFinance on Thu, 14 Oct 2010 06:46:00.

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China’s Harbin Electric Sparks a Buyout Bid From Its CEO

Harbin Electric’s CEO and Baring Private Equity Asia Group are proposing taking the Chinese electric motor maker private with a bid of $24 per share, or $752.2 million. It’s a notably rare instance of a private equity-backed bu…

Bain Capital to Buy Gymboree for $1.8 Billion

Children’s clothing retailer Gymboree (GYMB) has agreed to be acquired by private-equity firm Bain Capital Partners for $1.8 billion in an all-cash deal, the companies said Monday.

Bain’s offer values Gymboree stock at $65.40 a share, a 24% premium t…

Gymboree Hires Goldman Sachs to Auction Itself Off

After seeing interest from potential buyers, children’s clothing retailer Gymboree has hired Goldman Sachs to auction itself off, and more private-equity firms have already stepped in to say they want to play. Gymboree executiv…

Gymboree Jumps in Extended Hours Trading on Potential Sale

Gymboree Corp (GYMB) surged in extended-hours trading following reports that it is considering selling itself to private equity companies.

The stock jumped 19.69% to $49.72 a share as of 7:59 pm ET Thursday.

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The children’s clothing’s retailer and its bankers have been soliciting interest from potential buyers, The Wall Street Journal reported without naming its sources.

Private…

Continue reading Gymboree Jumps in Extended Hours Trading on Potential Sale

Gymboree Jumps in Extended Hours Trading on Potential Sale originally appeared on DailyFinance on Fri, 01 Oct 2010 06:45:00.

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