DealZone

Deals wrap: Looking forward to 2011′s IPOs?

January 26, 2011

A Wall St. sign is seen outside the New York Stock Exchange September 30, 2008.  REUTERS/Lucas Jackson Nielsen’s IPO raised more than expected and could set the tone for a rush of big private equity-backed IPOs anticipated in 2011.

Rupert Murdoch has opted to travel to London instead of Davos as News Corp’s $12.5 billion bid for British satellite broadcaster BSkyB hangs in the balance, two sources familiar with his plans said.

Icahn Enterprises extended its tender offer to buy Dynegy, a day after the power producer said it did not receive any competing bids to top Carl Icahn’s $665 million takeover offer.

Lots of cash is sloshing around corporate balance sheets and many predict it will be put to use in M&A. The Deal puts a microscope to expectations of 2011 being a banner year for deals.

Davos is a high-level business conference and the world’s business elite don’t plan on missing it, reports Business Insider.

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