 |
Joele Frank, Wilkinson Brimmer Katcher reps Bon-Ton Stores, which filed for Chapter 11 in February, and says it's in “active discussions” with interested parties to acquire the Milwaukee-based department store chain as “a going concern.”
The owner of 250 stores under the Bon-Ton, Boston Store, Carson’s, Elder-Beerman, Herberg's, Younkers, and Bergner’s names posted a $135M net loss on $1.6B revenues during the nine-month period ended Oct. 27.
Bon-Ton, which has outlets in 23 northeast and midwest states, says there’s no assurances that the negotiations will result in any deal. The Chapter 11 filing requires the retailer to conduct an auction of its properties on April 9.
Joele Frank, Wilkinson Brimmer Katcher’s Michael Freitag, Leigh Parrish and Tim Ragones represents Bon-Ton.
Jenn Kettnich, who has more than 15 years of financial communications experience, has joined Liftoff Mobile as VP-investor relations following completion of its recent IPO.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
