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BLOOMBERG: Abbott to Separate Into Two Companies

BLOOMBERG: Abbott to Separate Into Two Companies

  • News
  • October 19, 2011

By Alex Nussbaum Abbott Laboratories (ABT), the maker of infant formula, heart stents and prescription medicines, will split in two, following the lead of Pfizer Inc. (PFE) and Bristol- Myers Squibb Co. as optimism about drug companies’ growth wanes. Abbott, based in Abbott Park, Illinois, said today it will break up next year, w... Read More

NYTIMES DEAL BOOK: Miller Buckfire Plans to Name Golub Its Chairman

NYTIMES DEAL BOOK: Miller Buckfire Plans to Name Golub Its Chairman

  • News
  • October 17, 2011

By Michael J. De La Merced One of stalwarts of the restructuring world, the boutique investment bank Miller Buckfire, plans to name Harvey Golub its chairman on Tuesday, bringing in a financial services veteran to help oversee a revamping of its operations. The appointment of Mr. Golub, the former chief executive of American Expr... Read More

THE DEAL: Movers & Shakers

THE DEAL: Movers & Shakers

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  • October 12, 2011

By Baz Hiralal Peter J. Solomon Co. hired Craig E. Barnett as a managing director, covering financial investors and asset managers and developing PJSC's international business. Barnett, who has known chairman Peter Solomon for 25 years, began his career at Lehman Brothers Holdings Inc., where over a 10-year period he handled mergers and... Read More

THE DEAL: Open for Business

THE DEAL: Open for Business

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  • October 7, 2011

By Richard Collings Marc Cooper, a managing director at Peter J. Solomon Co. and head of the firm's retail and apparel practice, sat down with The Deal's Richard Collings to discuss the outlook for retail merger activity for the remainder of the year. Cooper discusses the pressure some investment banks face in winning advisor... Read More

Balance of Outrage by Peter J Solomon

Balance of Outrage by Peter J Solomon

  • News
  • October 1, 2011

The spreading protests of “Occupy Wall Street” may become a significant political force. What began as a rag tag band of middle class college age youths agitating against capitalism is galvanizing Main Street’s feelings of helplessness. With 14 million officially unemployed and another 5 million probably no longer seeking work; with wage... Read More

BLOOMBERG: Budget Constraints Drive Buying

BLOOMBERG: Budget Constraints Drive Buying

  • News
  • September 27, 2011

By Meg Tirrell and Jeffrey McCracken The U.S. health-care law and budget cuts will drive consolidation in the industry as companies compete for fewer dollars and to protect profits, said JPMorgan Chase & Co. (JPM)’s Jim Woolery. “Budgetary constraints around health care, say over the next five years -- that’s a headwind on pr... Read More

FINANCIAL TIMES: Google Courts Food-Lovers with Zagat Deal

FINANCIAL TIMES: Google Courts Food-Lovers with Zagat Deal

  • News
  • September 8, 2011

By Helen Thomas in New York and April Dembosky in San Francisco Google has struck a deal to buy Zagat, publisher of the respected restaurant guides based on reviews from food-lovers, as part of its push to combine local content with its search results. Zagat, which was founded in 1979 by husband-and-wife team Tim and Nina Zagat, ... Read More

NEW YORK TIMES: Google to Buy Zagat

NEW YORK TIMES: Google to Buy Zagat

  • News
  • September 8, 2011

By Michael J. De La Merced Google has agreed to buy Zagat, the guide to restaurants around the country, in an effort by the search giant to expand its local offerings. Terms of the transaction, including price, were not disclosed. Tim and Nina Zagat, the husband-and-wife team behind the company, said they planned to remain involv... Read More