NO DEAL TOO SMALL

摘要

It was the kind of deal that Wall Street bankers might have snubbed a year ago. Private equity firm Questor Management Co. wanted to sell bankrupt bicycle maker Schwinn/GT Corp. Not one, not two, but five marquee investment banks, including Lehman Brothers and Credit Suisse First Boston, lined up to compete for the deal. csFb won and sold the company to Pacific Cycle llc and Direct Focus Inc. for $151 million in late September. "The good thing about the current merger-and-acquisition environment is that smaller transactions receive the attention of top-tier advisers," says Garrett P. Kanehann, a vice-president at Questor.