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There's not a lot of buyout demand for complex assemblages of dot-com businesses and investments.
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REUTERS Demand MediaIs ISaidid to Have Abandoned a Buyout | Demand Media was in talks with Thomas H. Lee Partners over a potential $1.2 billion buyout, but ended up walking away from a deal, AllThingsD reports, citing unidentified people close to the situation.
Without such demand, buyout firms have limited options for cashing out their investments.
And there is pent-up demand among buyout shops.
Tobacco state lawmakers had been pushing for such a buyout for years, because demand for tobacco and the value of tobacco-growing quotas had been declining for years.
But I'm not going to give in to drug dealers and scam artists who stop paying and then demand a buyout because they know it will cost me a year and $4,000 to evict them".
But regulators remained adamant in demanding that buyout firms not sell an acquired bank for at least three years, and imposed restrictions barring the acquired bank from lending to companies affiliated with the private equity buyer.
Mr. Bailey accused the tenants of demanding buyouts.
REUTERS Buyout Firm Looks to Tap Demand for Asia | Affinity Equity Partners is looking to raise as much as $3.5 billion for a new fund focused on Asia, Reuters reports, citing unidentified people with direct knowledge of the plan.
Some institutions are acquiring stakes in the buyout shops they invest with and demanding lower fees in return.
The main steel union, the ISTC, will later today put flesh on plans for a consortium to take over the plant, despite Corus's initial rejection of its demand for talks on a buyout.
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