Published March 17, 2010 at 11:50 AM
Turnaround expert Holly Felder Etlin says the media industry will go through multiple rounds of restructuring, akin to what the auto industry has endured, before consolidation picks up. As managing director of AlixPartners LLP, Etlin recently helped Freedom Communications Inc. through its bankruptcy reorganization. In this video conversation with The Deal, Etlin gives her thoughts on how media companies need to restructure and who is acquiring distressed properties. Watch the video below or download it at iTunes. - Maria Woehr
Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.