Yet another massive buyout deal

Jun 4 2007

It seems that the excitement never ends.

This just in - “HCP to buy Slough Estates USA for $2.9 billion“. They’re buying it from Segro, a UK-based…uh, a UK-based something or other. From the name, I’d guess that Slough, the subsidiary being sold, has something to do with cosmetic surgery, dead skin, marshy bogs, or a sense of deep despair.

Hey, wait a minute. I’ve never heard of any of the three parties in this deal. Not to seem provincial, but what a waste of a press release.

Please forget I even mentioned it.

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    • Author : Michael Patton
    • Date : 4 June 2007
    • Categories : M&A, Miscellanea