121 firms ranked overall by net fees and in 12 PR specialties and key cities/regions.
|Category: Financial PR & Investor Relations||Return to Latest News|
Brunswick Group retained its grip as the top global M&A PR advisor in 2015 by number of deals and deal value, representing 209 transactions worth nearly $1T in a year dubbed the biggest for M&A ever.
Stocks were hammered worldwide today as oil dropped below $27 a barrel. It was $145-$147 in 2008. The Dow Jones average was off 541 points at 12:30 p.m. but the loss was cut to 249.28 or -1.56% by the close.
Joele Frank has picked up bankruptcy PR assignments from Arch Coal and Sherwin Alumina.
Apollo Education Group, the for-profit higher education juggernaut behind the University of Phoenix, has engaged Brunswick Group for PR as it pursues "strategic alternatives" that could include a sale of the publicly traded company.
Ally Financial and Lion Point Capital have engaged PR counsel as the hedge fund makes a bid for two seats on the board of the former auto-lending unit of General Motors bailed out in the 2008 financial crisis.
Railroad giant Norfolk Southern has booked Joele Frank for financial PR support as it rejects takeover overtures from Canadian Pacific.
Publicly traded automotive service chain Pep Boys has engaged Joele Frank for PR support as it nixes a merger plan with Bridgestone Retail in favor of a larger cash offer from investor Carl Icahn.
The Blueshirt Group is supporting communications for Instructure, the cloud-based education software provider maker a run at industry institution Blackboard.
Saba Capital Management, the $1.6B hedge fund run by a Deutsche Bank exec, is relying on Sard Verbinnen & Co. for PR support as it faces accusations by a large Canadian pension fund in US court.
Bondholders of Puerto Rico's electric utility have engaged Sloane & Company for communications support as they zero in on terms to restructure a large portion of the power entity's $9B in debt.
Gerald Carney, a nine-year veteran of FleishmanHillard's financial and professional services offering, is joining Guggenheim Partners on Sept. 7 in Santa Monica as managing director and media strategist.
Brunswick Group is advising Acelity Holdings on the PR front as the San Antonio-based medical technology developer focused on wound care and regenerative medicine eyes an initial public offering that could raise as much as $1B.
Sard Verbinnen & Co, Edelman handle $1B deal for marketer of Addyi, the first federally approved drug to treat female sexual desire disorder.
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