Entries tagged "advisors"
AIG CEO Robert Benmosche is reportedly looking to trim advisers and has dismissed McKinsey and shuttered the Project Destiny road map project. The Deal takes a look at other advisers AIG has used.
Goldman, Sachs & Co. has led the auction block league tables since inception. Is there any reason to believe it will give up its lead now, so soon before the end of our inaugural season (which spans the 2008 calendar year)? None whatsoever. There are few sure things in life (death, taxes and economic recession, among others) but you can just about take this one to the, uh, bank. Goldman even managed to extend its lead with two new clients. Finding bidders for one (CB Realty Finance) is sure to be tough given the nature of its business. But...
Energy companies are once again driving the hiring of advisers, with Jefferies & Co. and Houlihan Lokey Howard & Zukin making leaps in the standings as a direct result of new clients from this sector. ...
No changes at the top of the table, but Jefferies & Co. makes its debut at No. 7 this week thanks to two new clients: Emageon Inc., a medical device company in Birmingham, Ala., and International Wire Group Inc., a St. Louis metals manufacturer. With these new signings, Jefferies displays its wide-ranging, "sector agnostic" touch (its other new clients since the start of the year are restaurant chain Dave and Buster's Inc., Comverse Technology Inc. and Arlington Tankers Ltd.). Perhaps this broad reach, coupled with the firm's expertise in middle markets, has Jefferies positioned for a prolonged stay in...
Sprint Nextel Corp. is merging its wireless broadband unit with Clearwire Corp. in a $14.5 billion deal. Intel Corp., Google Inc., Comcast Corp., Time Warner Cable Inc. and Bright House Networks are investing $3.2 billion collectively in the new company. Fresh out of our reporters' hands, here is a highlight of the advisers working on the deal. ...
