On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Saturday, March 5, 2011. In 2009, Ideation Acquisition entered into a merger agreement with SearchMedia Holdings Ltd. The agreement was worth more than $175 million. After the merger went through, SearchMedia reported that it would need to restate its 2007 and 2008 financial statements:...
Merger Talks Off Between Salon.com and Newser.com
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Thursday, March 3, 2011. Talks over a potential merger of online news and opinion pioneer Salon.com with a news aggregation site called Newser.com have foundered. Salon had let it be known in recent months that it was willing to become a target...
Proposed Merger for MGM and Lions Gate
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, October 12, 2010. The Metro-Goldwyn-Mayer movie studio has been putting together a reorganization plan for Chapter 11 bankruptcy, part of which is that Spyglass Entertainment would take over management of the studio. Now Lions Gate has offered a merger agreement with...
California Eye Doctor Acquires TLC Laser Eye Clinics
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Monday, September 20, 2010. In 2009, TLC Laser Eye Centers filed for bankruptcy. Tom Tooma, a California ophthalmologist, had formed a partnership with the company in 1999. Dr. Tooma said that “it was a good partnership for many years and served us...
Will There Be a Wave of Mergers and Acquisitions?
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Monday, August 30, 2010. San Diego mergers and acquisitions attorneys have noticed that despite the bad economy, or maybe in part because of it, mergers and acquisitions are picking up. Maybe it’s not a wave yet, but there has been some attention-grabbing M&A...
August Has Been a Big Month for Mergers & Acquisitions
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, August 24, 2010. San Diego mergers and acquisitions attorneys know what Wall Street calls the “black car indicator.” It refers to the limousines lined up around investment banks to ferry home analysts who have spent the night at work working on deals. The black car...
New Acquisition for San Diego Hotelier
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Monday, August 23, 2010. San Diego mergers and acquisitions attorneys are following the news about Chatham Lodging Trust. Chatham is a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium-branded select-service hotels. They recently announced that they have signed a...