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View Full Version : Being Bought???


Anonymous
07-14-2011, 11:58 PM
Rumors circulating on PRA being purchased in the next month - anyone hear anything about that?

Anonymous
07-17-2011, 05:43 PM
Prob. another private equity firm, those guys are all about CROs right now

Anonymous
07-20-2011, 09:49 AM
makes sense. if PPD is for sale, why wouldn't mini-PPD (PRA) be for sale?

where is this $1B price tag though? understand 4x revs but peers have gone for much less. genstar paid too much to begin with.

Anonymous
08-14-2011, 05:16 PM
Check back in a month and I'll have an answer for you.

Anonymous
08-15-2011, 12:04 PM
Check back in a month and I'll have an answer for you.


Ha - nice! I've actually heard speculation it will be closer to 2-3 weeks. Time for Genstar to cash out - maybe they'll buy back into PRA again 2 years from now when they sh*t the bed again? Pretty good strategy by Genstar :D

Anonymous
08-15-2011, 04:26 PM
Check back in a month and I'll have an answer for you.

With Carlyle now looking like they're buying PPD, I wonder if one of the PPD "losers" will buy PRA: Blackstone Group LP, KKR & Co. or Hellman & Friedman?