Alliance Data Systems ( ADS) may be headed for a sale or breakup. Activist hedge fund ValueAct, run by Jeff Ubben, claimed an 11 percent stake in the company last week. The company produces branded credit cards for Pier 1 ( PIR) and Limited Brands ( LTD) . Possible buyers may include Wells Fargo ( WFC) and American Express ( AXP) , among other financial and technology firms. TheStreet's Scott Gamm speaks with The Deal's Ron Orol from Washington.