Deals Rumor Mill: KKR, Versace, Dexus

By Karlee Weinmann ( December 16, 2013, 1:24 PM EST) -- Bidding for IMG Worldwide Inc. has fallen short of expectations as the talent agency's college sports business lags, the New York Post reported over the weekend. The field of bidders for the $2.5 billion-plus agency has so far included some of the most prominent private equity firms — including New York's KKR & Co. LP, Carlyle Group LP and Texas-based TPG Capital — as well as Creative Artists Agency. The college athletics division only made it about halfway to its profit target for this year. While the agency's owner, Forstman Little & Co., had expected to see bids topping out around $2.7 billion, the actual offers clocked in around the $2 billion mark. IMG's client roster includes several of today's most prominent athletes and entertainers, including Taylor Swift and Peyton Manning. The agency's sports-licensing business is considered one of its trophy assets....

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