The Modern Markets Initiative, the Washington-based trade group for the high-frequency trading sector set up by PR veterans of the Obama and Romney campaigns, has named a CEO and brought in lobbying support.
Kekst and Company is promoting a $1B unsolicited bid for Chiquita Brands as an alternative to the banana giant's "inversion" plan to merge with Ireland's Fyffes and establish a domicile in that country.
Bubble here, bubble there, bubbles everywhere. As the Dow Jones Industrial Average smashes the 18,000 mark and marches toward 20,000, it's useful to understand the asset world is awash in a sea of financial bubbles.
London's $55B hedge fund manager Man Group worked with Prosek Partners in the US and RLM Finsbury in the UK for PR counsel on its acquisitions of Boston-based Numeric Holdings and Pine Grove Asset Management this month.
Interpublic chairman Michael Roth today presided over a crisp, 31-minute (with video reel) annual meeting in New York, quickly dealing with the top concern of the estimated 150 shareholders in attendance: How did he get a black eye?
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