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C Street Advisory Group handles the Chapter 11 of Publishers Clearing House as the home of the iconic “prize patrol” sheds its direct mail and magazine businesses to focus on becoming a digital advertising-supported entertainment company.
CEO Andy Goldberg assured investors that sweepstakes will continue to be a cornerstone of the business as PCH upholds the more than 50-year legacy of the business.
PCH this week surprised a lucky winner with a $50K check and the prize patrol hit the road to award a $10K winner.
It has hired SSG Advisors to explore a variety of strategic options, including the sale of the business or a cash infusion by a financial partner.
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.
Uber’s Mike Lucarelli is moving to NXP Semiconductors as senior VP-investor relations.
