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Allan J. Ellinger, the senior managing director at MMG, an investment banking firm that specializes in the apparel industry, said yesterday that because of Nautica's generally poor recent performance, acquisition talk was "only a matter of time".
At least there was some acquisition talk on hand to lighten the mood.
As he explained, if there was any acquisition talk, I would have know about it as a board member.
It's also interesting in the light of the questions about profitability that seem to surround Foursquare with a low hum of acquisition talk these days.
For the record, there doesn't appear to by any acquisition talk between Kahoot and Amazon, although I've heard they have talked partnerships.
It has spurred acquisition talk (as this story was being published, Roadside Attractions had closed a U.S. deal), generated significant actor buzz and, maybe most important, elicited a moral debate.
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Last September, Yahoo was in acquisition talks with Facebook.
Most industry observers, however, expected that Sun would restart acquisition talks with IBM, another industry heavyweight.
The acquisition talks were first reported Thursday by TechCrunch, an industry blog.
The news that the two were in acquisition talks has prompted head-scratching around the world.
MGM has held acquisition talks with Paxson Communications, the executives said, and sale or joint-venture talks with Sony ended last fall.
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