Who's next? The recent spree of mergers and acquisitions doesn't appear to be at an end, at least not to the market-watchers at Barron's, who listed Mad Men and Walking Dead network group AMC as a ripe target for investors looking to get into the television game, along with Scripps Networks Interactive, the conglomerate behind the Food Network, HGTV and the Cooking channel. Also a potential bargain: Interpublic Group (IPG).
One of the reasons each of these companies looks like a strong candidate for acquisition is its ratio of enterprise value—the amount of capital it would take to purchase the company—to earnings.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in