VCJ Staff

Clear Channel Communications has postponed its shareholder vote on the proposed $19 billion buyout by Bain Capital and Thomas H. Lee Partners, from March 21 to April 19. The move comes after proxy advisory firm Glass Lewis became the latest organization to publicly oppose the deal, saying that it undervalues Clear Channel. Other critics have […]

Hammond Kennedy Whitney & Co. has acquired Aero-Metric Inc., a Sheboygan, Wis.-based provider of professional geospatial photography services. No financial terms were disclosed for the deal, which was first reported by LBO Wire. www.aerometric.com

TA Associates reportedly has emerged as the frontrunner for Jupiter Asset Management, a UK fund manager currently owned by Commerzbank. The deal is expected to be worth between Gbp800 million and Gbp1 billion.  

Inflexion Private Equity has acquired a majority stake in Aspen Pumps Ltd. & BBJ Engineering Ltd., a UK-based supplier of condensate pumps and air conditioning accessories. No financial terms were disclosed. Leverage facilities were provided by Acquisition Finance and Lloyds TSB Corporate Markets. www.inflexion.com

CCMP Capital has agreed to acquire vacuum and semiconductor equipment maker BOC Edwards from The Linde Group. The deal is valued at Euro 685 million, plus up to Euro 65 million in additional earn-out payments.

Telefonica SA said that it may sell all of part of its 75% ownership stake in Dutch television producer Endemol Entertainment Holding NV. The deal would be worth around Euro 3 billion, with a number of private equity firms reported to be interested.

FoodShouldTasteGood Inc., a Hartford, Conn.-based maker of all-natural tortilla chips, has raised an undisclosed amount of private equity funding from Sherbrooke Capital Partners. No financial terms were disclosed. www.foodshouldtastegood.com

Kohlberg Kravis Roberts & Co. has agreed to acquire Dollar General Corp. (NYSE: DG), a Goodlettsville, Tenn.-based dollar store retailer. The total deal is valued at approximately $7.3 billion (including around $380 million in net debt), with Dollar General shareholders to receive $22 per share (31% premium over Friday's closing price). Goldman Sachs and Lehman […]

Vestar Capital Partners has agreed to acquire a majority stake in Huish Detergents Inc., a Salt Lake City

Kohlberg Kravis Roberts & Co. and Italian billionaire Stefano Pessina have partnered on a Gbp9.7 billion buyout bid for listed UK drugstore chain Alliance Boots.