It's been an open secret that part of Seattle-based Alaska pollock harvester American Seafoods is, and has been, "for sale." Any private equity-owned investment is on the block, but American took the unusual step of announcing equity owners Bregal Partners' intentions to seek new investors for its non-controlling stake mid-day Friday.
Unlike a pleasure boat, you don't just stick a sign in the window of a company worth hundreds of millions of dollars, so it's highly likely that the list of buyers for the stake is already well winnowed down, and the winner will be announced sooner rather than later (American Seafoods CEO Michael Durham said the process would likely conclude in the fall).
