Embattled Bell Pottinger has hired financial advisor BDO to look at all options regarding the future of the business," according to a statement from the British firm.
The Guardian reports that BP is under pressure to find a buyer within a month to pay off its "mounting debts" or face a shutdown.
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The firm is worth about $26M, according to the Guardian, based on revenues of more than $52M and profits of about $5.2M.
Client defections have rocked BP, which is the first major firm booted from the Public Relations and Communications Assn. for ethical violations stemming from its racist campaign in South Africa.
Tim Bell, co-founder of BP, told the BBC the firm is "probably nearing the end."
James Henderson, largest shareholder of BP, quit his CEO spot on Sept. 3. A new management structure is supposed to be put into place this week.
BP employs 240 people.
There’s a fine line between newsjacking and taking advantage, aka ambulance chasing. Our job as PR professionals is to tread it carefully.
PR firms need to be mindful of ways their work product may be protected by the attorney-client privilege whenever working with a client’s internal legal team or its external legal counsel.
Manuel Rocha, former US ambassador and intenational business advisor to LLYC, plans to plead guilty to charges that he was a secret agent for Cuba.
CEO mentoring is an often-overlooked aspect of why CEOs are able to make good decisions, and sometimes make bad ones—all of which intersects with the role and duties of a board. 
How organizations can anticipate, prepare and respond to crises in an increasingly complex world where a convergent landscape of global challenges, threats and risks seem to arrive at an unrelenting pace.
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