The Inside News of PR & Marketing Communications

Last Updated: Fri., May 25, 2018 @ 5:02 pm

Category: Financial PR & Investor RelationsReturn to Latest News

Brunswick Handles TGI Fridays Sale

Fri, May 25, 2018

By Kevin McCauley

TGI FridaysBrunswick Group will handle the potential sale of the TGI Fridays restaurant chain, which owner Electra Private Equity investment firm put on the auction block today.

Volatile Markets, Social Purpose Test Financial Firms

Thu, May 24, 2018

By Kevin McCauley

May coverFinancial PR firms faced a watershed year in 2017 as clients were impacted by extreme market volatility, corporate tax cuts, threatened trade war with China, cyber-threats, increased stakeholder activism, deregulation and the growing demand to highlight corporate social responsibility.

SV&C Works IP's Bid for Irish Packaging Giant

Thu, May 17, 2018

By Kevin McCauley

International PaperSard Verbinnen & Co. is handling International Paper’s nearly $11B bid for Ireland’s Smurfit Kappa, which believes (at this point) that independence is its best strategy.

FTI’s Balet Exits for SGA

Thu, May 17, 2018

By Kevin McCauley

Steven BaletSteven Balet, who was managing director of FTI Consulting Group’s strategic communications unit, is now New York managing director of Strategic Governance Advisors, which is affiliated with Sard Verbinnen & Co.

Joele Frank Laces Up Rockport Chapter 11

Tue, May 15, 2018

By Kevin McCauley

Rockport shoesJoele Frank, Wilkinson Brimmer Katcher is working the Chapter 11 restructuring of footwear maker Rockport Group of Newton, MA.

Sloane & Co. Tunes in Videology Chapter 11

Mon, May 14, 2018

By Kevin McCauley

Videology logoSloane & Co. is handling the Chapter 11 filing of ad tech firm Videology and the conditional sale of the company to Amobee, which is part of Singapore telecom Singtel.

Joele Frank Shores Up Athenahealth

Mon, May 7, 2018

By Kevin McCauley

AthenahealthJoele Frank, Wilkinson Brimmer Katcher represents Athenahealth as the healthcare technology company received an unsolicited $160 per-share takeover bid today from Paul Singer’s Elliott Management Co.

The Mooch's SkyBridge Counts on Edelman

Tue, May 1, 2018

By Kevin McCauley

Anthony ScaramucciEdelman represents SkyBridge Capital, hedge fund founded by 10-day White House communications director Anthony Scaramucci, as its takeover by China's HNA Group collapses after a 15-month courtship.

IPG Posts 5.1% Rise in Q1 Revenues

Fri, Apr. 27, 2018

By Kevin McCauley

Michael RothInterpublic today reported first-quarter revenues grew 5.1 percent to $2.2, while operating income advanced 11.8 percent to $38.8M.

SVB Works Atlas Deal for University of St. Augustine

Thu, Apr. 26, 2018

By Kevin McCauley

University of St. Augustine for Health SciencesSard Verbinnen & Co. represents investment firm Atlas Partners’ $400M takeover of University of St. Augustine for Health Sciences from Laureate Education Inc., for-profit college chain.

Lambert Edwards Acquires Owen Blicksilver PR

Thu, Apr. 19, 2018

By Kevin McCauley

Jeff LambertGrand Rapids-based Lambert, Edwards & Assocs. today announced the acquisition of financial PR powerhouse Owen Blicksilver PR to move into the New York market.

Prosek Bolsters Profile

Tue, Apr. 17, 2018

By Steve Barnes

Rich MyersRich Myers, who has run the financial communications & capital markets at Edelman, is now heading up Profile Advisors, a Prosek Partners unit focused on brand building, reputation management and strategic communications.

China's HNA Hires Commerce Dept. Advisor

Wed, Apr. 11, 2018

By Kevin McCauley

Israel HernandezChina’s HNA Group has hired Israel Hernandez, who was senior advisor to Commerce Secretary Wilbur Ross, as head of international corporate affairs. Ross is President Trump's point man in the threat to impose tariffs on China. (1 reader comment)

Clermont Handles Tenneco's $5B Icahn Deal

Tue, Apr. 10, 2018

By Kevin McCauley

Carl IcahnClermont Partners is covering the investment community in Tenneco's $5.4B cash/stock deal to acquire auto parts maker Federal Mogul from corporate activist Carl Icahn's Icahn Enterprises.

Next15 Posts 15% Annual Revenue Growth

Wed, Apr. 4, 2018

By Kevin McCauley

Richard EyreNext Fifteen Communications Group enjoyed 15 percent revenue growth to $275M for the fiscal year ended Jan. 31, 2018. Organic growth rose 5.2 percent.

Crytocurrency Biz Taps Headland

Wed, Apr. 4, 2018

By Kevin McCauley

Crypto UKHeadland Consultancy is helping CryptoUK, the country’s self-regulatory trade body for the cryptocurrency business, shape a regulatory framework and increase transparency.

Joele Frank Shops Bon-Ton Stores

Mon, Apr. 2, 2018

By Kevin McCauley

Bon-TonJoele Frank, Wilkinson Brimmer Katcher reps Bon-Ton Stores, which filed for Chapter 11 in February, says it's is “active discussions” with interested parties to acquire the Milwaukee-based department store chain as “a going concern.”

ICR Sells Stake to Investcorp

Thu, Mar. 29, 2018

By Kevin McCauley

Tom RyanICR, financial communications and IR powerhouse, sells stake to Investcorp. CEO Tom Ryan and his management team will retain a significant ownership stake.

MMC's Dandridge Shifts to AIG

Mon, Mar. 26, 2018

By Kevin McCauley

Ed DandridgeEd Dandridge has signed on at American International Group as global marketing and communications chief for its general insurance operation.

Finsbury Guides RB as it Pulls Pfizer Deal

Fri, Mar. 23, 2018

By Kevin McCauley

Reckitt Benckiser logoFinsbury is handling press for Reckitt Benckiser Group, which has yanked its $20B deal to acquire Pfizer's consumer healthcare business.