MAY 21, 2007
GEORGIA 100: Private equity firms on business-buying spree
ATLANTA, GEORGIA -
By Robert Luke
The Atlanta Journal-Constitution
Published on: 05/20/07
Eager buyers for businesses are kicking it up a notch, adding more spice to an already hot deal-making environment.
Already, the number of announced deals in which a Georgia-based company is a buyer or seller has surpassed 2006's level. There were 139 through April, vs. 135 in 2006, according to FactSet Mergerstat. But the dollar value is down sharply. Last year's period included AT&T's blockbuster bid for Atlanta-based BellSouth, valued then at about $67 billion.
Prices remain robust. But buyers, including private equity firms, are becoming more creative in structuring deals.
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