IMS is buyout bait? - Tom Taulli

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IMS is buyout bait?
Oct 20, 2009 07:40 PM UTC

Tom Taulli

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Filed under: Private equity

Activity continues to buzz in the private equity world. For example, according to the Wall Street Journal (subscription required), it appears that IMS (NYSE: RX) is in advanced talks to take the company private. As a result, the shares of the company soared 22% in Monday's trading.

No doubt, a deal could fall apart. But, the fact remains that IMS has definitely attracted interest. Some of the suitors include: TPG, Silver Lake, and BC Partners. The deal could be worth as much as $3.5 billion.

IMS got its start in the mid 1950s when the founders -- Bill Frohlich (an advertising executive) and David Dubow -- saw an opportunity to build a unique information company for the pharma industry. The timing was perfect as the company quickly grew.

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IMS is buyout bait? originally appeared on BloggingStocks on Tue, 20 Oct 2009 14:40:00 EST. Please see our terms for use of feeds.

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