Valuations & Acquisitions: Sharks Are Circling, Blood’s in the Water

In late May, another Chapter 11 hanger-on, The Sharper Image Corp., was acquired in a joint venture led by units of private investment firms Hilco Consumer Capital Corp. and Gordon Brothers Group. Let me see The Sharper Image come up with a few home run products before I get excited. It’s been a while since we’ve seen such hits as its Razor Scooter and the Ionic Breeze air filter.