Amazon’s Jeff Bezos, who bought the Washington Post, Senator Ted Cruz, who battled Obamacare, and New York Mayor Michael Bloomberg, who introduced Citibikes and tried to ban 20-oz. sodas, were raked over the coals at the 71st annual “Financial Follies” of the New York Financial Writers Assn. Nov. 22 at the Marriott Marquis. Continue »
Joele Frank, Wilkinson Brimmer Katcher is providing PR counsel to a deal reached this week to rescue minor league baseball's Memphis Redbirds, the St. Louis Cardinals farm affiliate which defaulted on millions in tax-exempt bonds in 2009. Continue »
FTI Consulting reported third quarter revenues from its strategic communications operation declined 5.4% to $43.3M, while an $83.8M charge in the segment swung the company to a quarterly loss. Continue »
Next Fifteen Communications Group reported Nov. 5 a five percent increase in revenue to £96.1M (about $155M) for the year ended July 31 on strong performances from Text 100, OutCast, M Booth and Blueshirt Group. Continue »
A social media gap between investor relations and corporate communications units provides an opening for digitally savvy activist investors, shareholders and media, according to a study by FTI Consulting.
TRI Pointe Homes and Weyerhaeuser Company are relying on outside financial PR counsel as TRI acquires Weyerhaueser Real Estate Company in a $2.7B deal to create one of the top 10 homebuilders in the U.S. Continue »
Verizon's $124B September acquisition of Vodafone's U.S. wireless business pushed four PR firms to the top of mergermarket's ranking of M&A PR advisors by deal value through the first three quarters of 2013.
Kekst and Company is handling today's Jos. A. Bank's $2.3B takeover offer for the larger Men’s Wearhouse, discount suit chain, a move quickly rejected by "inadequate" and "not in the best interests" of the target company. Continue »