Boise Cascade has had difficulty finding acquisition candidates, for instance.
To hear him tell it, Honeywell was one of many companies he had planned to discuss with his successor as possible acquisition candidates.
As part of the review, it considered a number of acquisition candidates, including Compaq.
He said Fairchild would also evaluate acquisition candidates but gave no idea of what it might buy.
Big banks can now look at just about any brokerage firm as an acquisition candidate.
There are no large obvious acquisition candidates for them.
"If they're not, we feel it would be a very attractive acquisition candidate, again around the $8 level."
He is working with one to find merger partners, and is shopping another as an acquisition candidate.
Purchasers should be encouraged to meet with potential acquisition candidates at the earliest opportunity after they have first been approached.
Hilton thinks a pure lodging company would have a higher stock price or make a more attractive acquisition candidate.