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May 21, 2007

Businesses * USA - Hot prospects for buyers

Financiers with money to spend are turning more frequently to the mini-mart or small trucking company as a good investment

Chicago,Ill,USA -The Chicago Tribune -May 21, 2007: -- Among the most avid buyers are private-equity funds flush with cash... "There's no question that small businesses are becoming more frequent takeover targets," said Joe Astrachan, director of the Cox Family Enterprise Center at Kennesaw (Ga.) State University and editor of the Family Business Review... Proof that the buying spree has heated up is partly in the growing ranks of business owners and executives seeking out advisers for a review of their personal finances, according to M. Holly Isdale, managing director and head of wealth advisory services at Lehman Brothers Inc... Prime targets are well-oiled businesses with an annual profit of at least $150,000. Manufacturing, trucking and garbage-collecting concerns are popular targets...

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