The Inside News of PR & Marketing Communications

Last Updated: Thu., Nov. 15, 2018 @ 5:14 pm

Category: Financial PR & Investor RelationsReturn to Latest News

SardVerb Vouches for Veritas in $5.7B Athena Deal

Mon, Nov. 12, 2018

By Kevin McCauley

AthenahealthSard Verbinnen & Co. is handling Veritas Capital’s $5.7B deal ($135 per-share) for Athenahealth, which provides technology services for hospital and ambulatory companies.

ICR Expands West Coast Tech Offering

Mon, Nov. 12, 2018

By Kevin McCauley

Sara BallICR has hired Sara Bell, a veteran of Porter Novelli, Golin and Edelman, to power the financial firm's tech practice on the west coast.

Joele Frank Counsels CommScope in $7.4B Deal

Thu, Nov. 8, 2018

By Kevin McCauley

CommScopeJoele Frank counsels CommScope, network infrastructure firm, as it acquires ARRIS International, telecom equipment maker, in an all-cash transaction worth $7.4B to forge an $11.3B entity.

Hudson Swims to FTI Consulting

Wed, Nov. 7, 2018

By Kevin McCauley

Carolyn HudsonCarolyn Hudson, who was executive VP in Weber Shandwick’s employee engagement & change management practice, is now at FTI Consulting as a managing director in its strategic communications segment. (1 reader comment)

Kekst CNC Works Avista’s G&W Deal

Tue, Nov. 6, 2018

By Kevin McCauley

KekstKekst CNC represents Avista Capital Partners as the private equity firm acquires the dermatology and topicals business of G&W Laboratories.

ICR Recruits Park to Head Governance Unit

Thu, Nov. 1, 2018

By Kevin McCauley

Lyndon ParkICR has hired Lyndon Park, a veteran of Dimensional Fund Advisors and Blackrock Investment Stewardship, to lead its newly established governance advisory solutions practice.

Joele Frank Straps on Red Hat

Mon, Oct. 29, 2018

By Kevin McCauley

Red Hat & IBMJoele Frank Wilkinson Brimmer Katcher handles Red Hat as IBM agrees to acquire the software company for $34B, which represents a robust 63 premium over its closing stock price of Oct. 26.

AbMac Plays Gibson's Comeback Tune

Tue, Oct. 23, 2018

By Kevin McCauley

GibsonAbernathy MacGregor is handling the encore performance of legendary guitar Gibson Brands as it plans to emerge from Chapter 11 on Nov. 1.

Finsbury Works Fiat Chrysler Parts Deal

Mon, Oct. 22, 2018

By Kevin McCauley

Mike ManleyFinsbury represents Japan’s Calsonic Kansei Corp., which is owned by investment firm giant KKR, as it plans to shell out $7B to buy Fiat Chrysler Automobile’s parts business.

OMC Reports 13.4% Q3 Profit Gain

Tue, Oct. 16, 2018

By Kevin McCauley

John WrenOmnicom CEO John Wren today reported a 13.4 percent rise to $298.4M in third-quarter net income on flat revenues of $3.7B. PR group ticks ahead 0.7 percent, 2.3 percent organically.

Kekst Merges with CNC

Tue, Oct. 9, 2018

By Jon Gingerich

KekstCNCCorporate, financial and M&A communications advisory giant Kekst & Company have merged with Publicis financial and corporate communications unit CNC.

Joele Frank Works Mattress Firm Re-Org

Fri, Oct. 5, 2018

By Kevin McCauley

Mattress FirmJoele Frank is handling the Chapter 11 filing of Mattress Firm Inc., the country's top bedding retailer, which has too many stores too close to each other.

Teneo Drives Aston Martin’s Stock Offering

Thu, Oct. 4, 2018

By Kevin McCauley

Aston MartinTeneo Blue Rubicon handled the Oct. 3 public offering of Aston Martin Lagonda Global Holdings, parent of the legendary British sports car brand.

Arconic IR Head Moves to Gladstone Place

Tue, Oct. 2, 2018

By Kevin McCauley

Patricia FigueroaPatricia Figueroa, who headed investor relations at Alcoa spin-off Arconic Inc, has joined Gladstone Place Partners, financial PR shop, as senior VP.

Joele Frank Places Takeover Order at Sonic

Thu, Sep. 27, 2018

By Kevin McCauley

SonicSonic Corp, America’s largest drive-in restaurant chain noted for its “made-to-order American classics” served by Carhops, is using Joele Frank, Wilkinson Brimmer Katcher for media work in connection with its $2.3B acquisition by Inspire Brands.

Sard Verbinnen Pros Launch Reevemark

Mon, Sep. 24, 2018

By Kevin McCauley

Brandy BergmanFive Sard Verbinnen veterans launch Reevemark in New York to tackle value-determinative (crises, activism, litigation) issues. (2 reader comments)

Brunswick Reps JLT in Marsh & McClellan Deal

Tue, Sep. 18, 2018

By Kevin McCauley

Dan GlaserBrunswick Group handles PR for UK's Jardine Lloyd Thompson Group, which has agreed to be acquired by Marsh & McClellan Cos., New York-based insurance broker/risk management giant, in a deal valued at $5.6B in cash considerations.

Brunswick Snags Deogun, CNBC, WSJ Vet

Fri, Sep. 14, 2018

By Kevin McCauley

Nik DeogunBrunswick Group has named Nik Deogun, CNBC and Wall Street Journal veteran, CEO of the Americas and senior partner effective Oct. 1.

WPP Revenues Tumble as North America Lags

Tue, Sep. 4, 2018

By Kevin McCauley

Andrew ScottWPP's reported revenues slipped four percent to $4.6B during the first-quarter though like-for-like performance inched ahead 0.8 percent.

Driving Employee Engagement in M&A Transactions

Thu, Aug. 23, 2018

By Matt Sullivan

Matt SullivanWhen it comes to employee morale and productivity, few things have a bigger impact than a merger or acquisition announcement, especially if communicated ineffectively.