VCJ Staff
Tom Hicks and George Gillett have agreed to acquire soccer club Liverpool FC for Gbp174 million. The deal was struck after rival bidder Dubai International Capital dropped out of the bidding. Hicks already owns the Texas Rangers (baseball) and Dallas Stats (ice hockey), while Gillett owns the Montreal Canadiens (ice hockey) and used to run […]
Code Hennessy & Simmons LLC has acquired an equity position in Mainline Supply Co., a Charlotte, N.C.
Sentinel Capital Partners has acquired Mid-West Wholesale Hardware Co., a Kansas City-based wholesaler of commercial door hardware, from Banc of America Equity Partners. No financial terms were disclosed. www.sentinelpartners.com www.midwestwholesale.com
Arbor Private Investments has acquired National Provisions Inc., a Miami, Fla.-based provider of branded deli meats. No financial terms were disclosed. It is Arbor's first deal out of its second buyout fund. www.arborpic.com
Avista Capital Partners has acquired Phillips Investment Resources LLC, a Rockville, Md.-based provider of subscription-based investment advice, from Phillips International Inc. No financial terms were disclosed. Phillips International was advised on the sale by The Jordan, Edmiston Group. www.avistacap.com www.phillips.com
Vornado Realty Trust is offering to pay the cash portion of its $41 billion bid for Equity Office up-front. This comes after the Equity Office board recommended that shareholders accept a lower offer from Blackstone Group — $54 per share compared to $56 per share
J.H. Whitney & Co. has offered to buy nutritional supplements company Herbalife Ltd. (NYSE: HLF) for $38 per share. Whitney already owns around 27% of the company, which is being valued at $2.7 billion by the offer. www.herbalife.com
TowerBrook Capital Partners has agreed to acquire shoemaker Jimmy Choo from Lion Capital for
Arlington Capital is in advanced talks to acquire a majority stake in Advanced Health Media, according to LBO Wire. AHM is a Union, N.J.
Countrywide PLC reportedly has received a