Source Interlink, Tower Being Shopped

Christman, Ed
June 2006
Billboard;6/17/2006, Vol. 118 Issue 24, p8
Trade Publication
The article provides information on bids concerning proposed acquisitions of Source Interlink and Tower Records. Sources say that publicly traded Source Interlink is being shopped by Deutsche Bank Securities in a bid to take the company private. Meanwhile, the future ownership of Tower Records could be decided on June 9, 2006, according to sources. Source Interlink announced it was "exploring strategic alternatives to enhance shareholder value," hiring Deutsche Bank Securities to investigate possible recapitalization, strategic acquisitions and the combination, sale or merger of the company with another entity.


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