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Liberty Media |
: |
Barnes & Noble |
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Dealogic Deal # : |
699323 |
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Data as of : |
5/20/2011 |
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Target |
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Acquiror |
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Dates & Values |
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Barnes
& Noble |
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Liberty
Media |
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Target: |
100 |
% stake |
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Buying: |
100 |
% stake |
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Rumored |
3rd Aug 2010 |
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Deal Value $m |
1,496.7 |
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NY |
BKS |
60 |
m shares outstanding |
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Public (Listed) |
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Announced |
19th May 2011 |
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Value ex Debt $m |
1,068.8 |
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United States |
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United States |
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Retail |
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Telecom |
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Expected |
3Q 2011 |
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Consideration |
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Lazard | Advisor |
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Completed |
- |
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Cravath Swaine |
Attorney |
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Morris Nichols |
Attorney |
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Withdrawn |
- |
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Termination Fee, Target $m |
tbd |
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Termination Fee, Acquiror $m |
tbd |
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Financials |
29th Jan 2011 |
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Balance Sheet |
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Debt/Equity: |
3.6 |
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Timeline Events |
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Premiums & Multiples |
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Initial Offer |
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$17.00 |
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Current Offer |
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$17.00 |
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Income Statement |
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Cash Flows |
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Operations $m |
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-36 |
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Profitability |
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Profit Margin |
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-1% |
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Return on Equity |
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-5% |
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League Table Impact |
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Sector Trend |
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2011 YTD Announced Global M&A by Deal
Value, $bn |
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Monthly Announced Global M&A, $bn: |
Retail |
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1 |
Goldman Sachs |
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327.8 |
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2 |
JPMorgan |
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287.4 |
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3 |
Credit Suisse |
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269.4 |
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4 |
Morgan Stanley |
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235.1 |
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5 |
Citi |
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201.4 |
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6 |
BOA Merrill Lynch |
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185.5 |
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7 |
Deutsche Bank |
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185.2 |
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8 |
Barclays Capital |
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155.4 |
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9 |
UBS |
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132.9 |
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10 |
Lazard |
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123.0 |
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© 2011 Dealogic.
All rights reserved. |
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