First, we look to acquire businesses that are strategic fits within our existing platforms. There is no specific requirement in terms of size, large or small, for these strategic acquisitions. Our objective is to produce synergies with our existing businesses.
Second, we seek to develop new business platforms. For these acquisitions, we prefer that a business have a track record of profitability, with pretax profits of $3 million or more.
EBSCO seeks to acquire companies that manufacture or distribute products or provide services for consumer or business-to-business consumption. We are interested in companies for acquisition which: