New On The Block

Intevac, Inc.(NASDAQ:IVAC), which manufactures technologies for applications like solar cells and hard disk drives, has undergone a makeover. With its old restructuring woes in the rearview mirror, the company's forecasted EBITDA is looking a lot healthier — basically, it's flexing its financial muscles. Now, investment bank Houlihan Lokey is putting out feelers to see what kind of strategic alternatives are out there, which basically means they're chatting with anyone who might want to ink a deal.

Updates From The Block

Hershey Trust Co., holding a hefty 80% of the voting power atThe...