2009 January | LendingLeaders.com

Posted by lleaders in Deal Zone on 01 31st, 2009 | Comments Off

Dow Chemical may have yet to lay out its legal strategy for walking away or delaying its more than $15 billion takeover of Rohm and Haas, but its strategy makes sense from a game-theoretic standpoint, according to JP Morgan analyst Jeffrey Zekauskas. If the court orders Dow to close the transaction after...

Posted by lleaders in Deal Zone on 01 31st, 2009 | Comments Off

Princely Sums

Talk about the end of the salad days. The White House is pledging action against “irresponsible” bonuses for executives at bailed-out Wall Street companies and Senator Claire McCaskill has proposed a law to cap their compensation to $400,000 a year. Masters of Wall Street should not make...

Posted by lleaders in Deal Zone on 01 30th, 2009 | Comments Off

IPOs on horizon in February, but scant new filings in January

Bankers desperate for signs of life in the U.S. IPO market are likely to be buoyed that three are on the calendar in a single week in February, including a $562.5 million offering by Bristol-Myers Squibb offshoot Mead Johnson Nutrition. Hardly a deluge, but not bad after only one IPO in the past six...

Posted by lleaders in Deal Zone on 01 30th, 2009 | Comments Off

Terra Industries’ Maryland defense

Even though fertilizer maker Terra Industries rejected a more than $2 billion takeover offer from rival CF Industries earlier this week, CF has said it is still committed to doing a deal. While CF said it prefers a negotiated transaction, it could launch a hostile bid. So, how are Terra’s defenses...