The Inside News of PR & Marketing Communications

Last Updated: Fri., Jan. 18, 2019 @ 5:52 pm

Category: Financial PR & Investor RelationsReturn to Latest News

Reevemark Backs Bid for Gannett

Mon, Jan. 14, 2019

By Kevin McCauley

GannettReevemark, the strategic advisory firm launched last year by Sard Verbinnen & Co. veterans, is backing the takeover bid for Gannett, publisher of USA Today.

Hill Veteran Hill Shifts to FTI

Mon, Jan. 14, 2019

By Kevin McCauley

Frederick HillFrederick Hill, who led media outreach for the Senate’s Committee on Commerce, Science and Transportation and its chairman Republican John Thune (SD), has joined FTI Consulting’s strategic communications unit.

Gladstone Place Partners Backs Challenge to NYSE

Thu, Jan. 10, 2019

By Kevin McCauley

MEMXGladstone Place Partners handled the launch of the Members Exchange or MEMX, which is envisioned as a low-cost stock exchange designed to challenge the New York Stock Exchange and NASDAQ.

ICR Acquires Westwicke Partners

Thu, Jan. 3, 2019

By Kevin McCauley

Bob WestICR has acquired Westwicke Partners, a health-centered investor relations firm based in Baltimore with offices in New York, Boston, San Diego, San Francisco and London.

FrontFour Launches Proxy Fight at MDC

Thu, Jan. 3, 2019

By Kevin McCauley

Front FourFrontFour Capital Group, which owns a 5.3 percent stake in MDC Partners, has launched an effort to oust three of eight directors of the ad/PR holding company.

Wells Fargo’s Stabler Heads to ICR

Tue, Dec. 18, 2018

By Steve Barnes

Peter StablerICR has appointed Peter Stabler, who was managing director at Wells Fargo Securities, head of its Internet investor relations practice.

Gladstone, AbMac Book Travelport Deal

Wed, Dec. 12, 2018

By Kevin McCauley

TravelportGladstone Place Partners and Abernathy MacGregor handle the $4.4B cash acquisition of Travelport Worldwide by Siris Capital Group and Evergreen Coast Capital, the Menlo Park technology affiliate of Elliott Management Corp.

Joele Frank Lights Up Cronos Deal

Mon, Dec. 10, 2018

By Kevin McCauley

CronosJoele Frank, Wilkinson Brimmer Katcher is handling Canadian cannabis company Cronos Group, which has received a $1.8B investment from Altria Group, parent of Philip Morris. (1 reader comment)

Brunswick Walks TheStreet Deal

Thu, Dec. 6, 2018

By Kevin McCauley

TheStreetBrunswick Group is handling TheStreet’s deal to sell its B2B business (The Deal and BoardEx) to Euromoney Institutional Investor PLC for $87.3M.

Top Mexican Editor Joins FTI’s PR Unit

Mon, Nov. 19, 2018

By Kevin McCauley

Jorge PadillaJorge Padilla, deputy editor-in-chief of Reforma, an influential Mexican newspaper, has joined FTI Consulting in Mexico City.

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.