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Deals Rumor Mill: Pharmaceutical Product, GoPro, Quartz

By Benjamin Horney (December 11, 2015, 5:41 PM EST) -- Pharmaceutical Product Development LLC is looking into a sale or initial public offering that could value the drug company at between $7 billion and $8 billion, including debt, according to a Friday report from Reuters. According to the report, the private equity owners of PPD, Carlyle Group LP and Hellman & Friedman LLC, have already been in touch with investment banks to find financial advisers for the process. There will be an auction for PPD next year, the report added, but the company will also pursue an IPO and will go that route if it determines no offers are up to snuff....

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