Possible Acquisitions

(AP) - - Tampa Capital, LLC, a subsidiary of DLL Capital, LLC is in talks with the management board of struggling clothing company, Eleven O Twelve for a possible acquisition. This is a hostile bid by Tampa Capital, LLC priced at a figure rumored to be shy of 1 billion dollars. This offer is lower then the competing offer by Johnny Biceps but is more likely to go through. According to Luigi, the CEO & President of Tampa Capital, LLC "While our offer is lower, we feel that we can offer Eleven O Twelve a better fit strategically to allow for organic growth as well as industry contacts. Plus, while the offer by Johnny Biceps looks attractive, we know their balance sheet has weaknesses and lacks cash."

It is rumored that Johnny Biceps has been bleeding cash amid the recession and is struggling. According to a source who declined to be named, "I heard the CEO can't even afford to go to Vegas this summer." Johnny Biceps' eccentric CEO Jon has been seen spending cash like there is no tomorrow. Jon has been buying fur coats and  the DVD sets of reality shows Real World and the Hills, according to another source. The hostile bid has a deadline of March 31, 2009. Tampa Capital, LLC advisor is Raymond James and Goldman Sachs while their law firm is Skadden, Arps, Slate, Meagher and Flom LLP.

About Eleven O Twelve

Eleven O Twelve (www.elevenotwelve.com) is a clothing company based out of South Tampa, Florida. They specialize in clothing everyone wants to wear.

About Johnny Biceps

Johnny Biceps (www.johnnybiceps.com) is a full service training company that specializes in turning fat ugly people into beautiful beings that everyone loves.

About Tampa Capital, LLC

Tampa Capital, LLC (tampacapital.blogspot.com) is a blog that discusses financial markets, economic theory and personal finances. The firm currently employs 3 associates and was founded in 2009.