Market Watch Wednesday!

With a holiday on Monday, we didn't have a chance to go over some of the interesting things that have taken place recently in the M&A World. Let's see what's going on: Billabong: Big news for surfers, Southern Californians and culture enthusiasts - Billabong announced their plans to sell part of the Nixon brand and close hundreds of stores. Selling to Trilantic Capital Partners, who are new to the industry, Billabong's plan is to reinvest in the Nixon brand, making it known around the globe. Two OC Manufacturers to merge: another local news story illustrates another merger, but this one hits a littler closer to home. Literally. An Irvine-based company has bought another plastics manufacturer, adding more money behind all of the plastic in Orange County, and no, we're not talking about credit cards. Amidst their Viking-ish characters and the pair of Alec Baldwin, it seems that Capital One is growing in size. The Fed has approved the sale of the online unit of ING Direct. Hopefully, this doesn't mean more Alec Baldwin commercials. Have you heard about an interesting merger or acquisition? We'd love to hear about it! Contact us at Rachel@PlethoraBusinesses.com