Wall Street Deal Making Enters Stealth ModeAfter months of constricted options and volatile markets, the wide world of deals is looking up again.
U.S. companies are testing the markets with select mergers, initial public offerings, follow-on equity offerings and debt sales after the deep freeze of 2008. Some have even sought multiple deals–Alcoa’s $1.3 billion sale of stock and convertible bonds, say, or swiss pharmaceutical company Nycomed hiring Goldman Sachs Group to explore either a merger or an initial public offering so that Nycomed’s investors, Scandinavia’s Nordic Capital and Swiss-owned Credit Suisse DLJ Merchant Banking Partners, can cash out on part of their investment. An IPO is not likely, but even the idea that it is on the table is meaningful.
https://blogs.wsj.com/deals/2009/03/25/wall-street-deal-making-enters-stealth-mode/?mod=djemDeal&reflink=djemWLB