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{{DISPLAYTITLE:Solomon Partners}}
{{Short description|American investment bank}}
{{infobox company
{{infobox company
| name = PJ SOLOMON
| name = Solomon Partners
| logo = PJ SOLOMON.png
| logo =
| type = Private Company
| type = Private Company
| industry = [[Investment Banking]]
| industry = [[Investment Banking]]
Line 8: Line 8:
| location_city = 1345 [[Avenue of the Americas]]<br>New York City, New York
| location_city = 1345 [[Avenue of the Americas]]<br>New York City, New York
| location_country = U.S.
| location_country = U.S.
| num_employees = 130
| num_employees = 160
| homepage = {{URL|http://www.pjsolomon.com}}
| homepage = {{URL|http://www.solomonpartners.com}}
}}
}}


'''PJ SOLOMON''', often known as '''Solomon''', is an American multinational [[independent investment bank]] and [[financial services]] company headquartered in New York, NY. Solomon advises clients on [[mergers]], [[acquisitions]], [[divestitures]], [[restructuring]]s, [[recapitalizations]], [[private placements]], and corporate strategy. The firm also provides counsel to corporate boards, renders fairness opinions and has built a successful practice defending companies in proxy and take-over contests.
'''Solomon Partners''', previously known as '''PJ SOLOMON''', is an [[Independent investment bank|independently operated American investment bank]] and [[financial services]] company headquartered in New York, NY. Solomon Partners advises on:
[[mergers]], [[acquisitions]], [[divestitures]], [[Restructuring|restructurings]], [[recapitalizations]], [[Special-purpose acquisition company|SPACs]] and capital markets solutions. The firm also provides counsel to corporate boards, renders fairness opinions and has built a successful practice defending companies in proxy and take-over contests.


Solomon Partners' practices cover multiple industry verticals including:

·      business services

·      consumer retail

·      financial sponsors

·      fintech

·      grocery, pharmacy and restaurants

·      healthcare

·      infrastructure, power and renewables

·      technology, media and telecommunications


Select transactions include advising:

·     [[Gap Inc.|Gap]] on its $3.82 billion agreement to move its credit card program and portfolio to [[Barclays]] and [[Mastercard]] from [[Synchrony Financial]] and [[Visa Inc.|Visa]] [1]

·      [[London Stock Exchange Group]] on its $2.7 billion acquisition of the Frank Russell Company [2]

·      Strategic Capital on its formation of a $1.5+ billion data center investment platform, Strategic Datasphere

·      Ports America on its $1.3 billion debt refinancing

·      [[Save-A-Lot]] on its $1 billion recapitalization and conversion sales [3]

·      EDF on its $885 million sale of 49.99% interest in CENG to Exelon

·      [[CBS Outdoor]] (now [[Outfront Media]]) on its $690 million acquisition of Van Wagner Communications’ major market advertising business [4]

·      Nutraceutical International Corporation on its $446 million sale to private equity firm [[HGGC|HGGC LLC]] [5]

·      Special Committee of Perry Ellis International, Inc. on its $437 million sale to entity controlled by company founder George Feldenkreis

·      [[Under Armour]] on its $345 million sale of the MyFitnessPal Platform to [[Francisco Partners]] [6]

·      [[Brooks Brothers]] on its $325 million sale in Chapter 11 Bankruptcy proceedings to [[Authentic Brands Group|Authentic Brands Group (ABG)]] and [[SPARC]] [7]

·      US Wind on its $265 million investment from Apollo

·      [[Thai Union Group]]’s acquisition of the remaining equity stake in [[Red Lobster]] [8]

·      AMI Entertainment Network on its Senior Secured Credit Facility

·      [[Conair Corporation]] on its sale to [[American Securities]] [9]

·     [[Netflix]] on its acquisition of certain out of home media assets of Regency Outdoor [10]

·      Groupe Rocher on its acquisition of [[Arbonne International]] [11]

·      Capital Brands ([[Magic Bullet (appliance)|NutriBullet]]) $420 million sale to [[De'Longhi|The De'Longhi Group]] [12]

·       [[Banijay]] on its acquisition of [[Endemol Shine Group]] [13]

·       [[Southeastern Grocers]] on its sale of 62 [[BI-LO]] stores and a distribution center to [[Ahold Delhaize]] [14]

·       [[Southeastern Grocers]] on its sale of 25 [[BI-LO]] stores to [[Lowes Foods#Alex%20Lee%20Inc.|Alex Lee, Inc.]] [15]

·       [[Southeastern Grocers]] on the sale of selected pharmacy assets to [[Walgreens]] and [[CVS]] [16]

·       [[New Seasons Market]] on its sale to [[E-mart]]/ [[Bristol Farms#Owned%20by%20Good%20Food%20Holdings%2C%20Inc.|Good Food Holdings, Inc.]] [17]


Founded in 1989, Solomon’s heritage was in the retail vertical. Notable transactions include advising:

·      May Stores in its $17.4 billion sale [KH1] to [[Federated Department Stores]] [18]

·      [[Phillips-Van Heusen]] in its $3.1 billion acquisition of [[Tommy Hilfiger Corporation]] [19]

·      [[The ODP Corporation|Office Depot]] on its over $1.2 billion merger with [[OfficeMax]] [20]


==History==
==History==
Solomon Partners was founded in 1989 by Peter J. Solomon and was the first private independent investment banking firm created to incorporate the ethos and culture of the traditional investment banks with the entrepreneurial spirit of a collective partnership. [21] For over three decades, Solomon Partners has served as a trusted advisor on a number of sector-defining transactions.
PJ SOLOMON was founded in 1989 by Peter J. Solomon and was one of the first private independent investment banking firm on Wall Street,<ref name="Ward 2010 p=39">{{Harvnb|Ward|2010|pp=39}}</ref> created to mirror the ethos and culture of the original privately held investment banks at a time when many of the large investment banks had gone public.<ref>{{cite news |url=http://www.ft.com/intl/cms/s/0/fc0a66c6-70ad-11de-9717-00144feabdc0.html#axzz1cb6H33ba |work=Financial Times |date=July 14, 2009 |title=Wall Street: Back to the old school }}</ref> In the ensuing decades, the firm has grown to more than 90 people, drawing senior bankers from major Wall Street investment firms, has expanded into a number of new verticals - including infrastructure and energy, and added a second office in Houston, Texas.<ref name=cnn>{{cite news |url=https://money.cnn.com/2009/03/27/magazines/fortune/cohan_solomon.fortune/index.htm |work=CNN Money |date=March 27, 2009 |title=Dream-team investment banking: As old Wall Street crumbles, industry veteran Peter J. Solomon snaps up a few of its superstars }}</ref>


Clients represent leaders in their industries, ranging from multinational, large-capitalization corporations to smaller, fast-growth companies. The firm has grown to more than 160 people, drawing senior bankers from major Wall Street investment firms, has expanded into a number of new verticals and added offices in Chicago and Fort Lauderdale. [22]
In June 2016, PJ SOLOMON entered into an alliance with Natixis, the international corporate, investment, insurance and financial services arm of Groupe BPCE, France's second largest financial institution - selling a 51% stake in the firm. Today the remaining 49% of its ownership continues to be held by its existing partners. The Natixis investment was intended to create an enhanced global M&A advisory and financing platform, coupling Solomon's entrepreneurial spirit with a multi-faceted debt and equity financing vehicle that offers international reach across the Americas, EMEA and Asia.


In June 2016, Solomon Partners entered into an alliance with Natixis, a French financial services firm owned by Groupe BPCE, to create an enhanced global M&A advisory and financing platform. Through the partnership, Solomon Partners continues to provide the experience of a boutique culture with an expanded global reach across Europe, Asia, Australia, the Middle East and the Americas.
The firm celebrated another milestone in December 2017 when it launched a corporate rebranding, including the transition to a new logo and name, PJ SOLOMON.


In September 2021, the company transitioned to a new name, Solomon Partners, in recognition of its partnership ethos and transformation from a firm focused on a single industry to serving multiple sectors.
Peter Solomon is a former Vice Chairman of [[Lehman Brothers]] where he was co-chairman of investment banking.<ref name=cnn/>


Peter J. Solomon is a former Vice Chairman of [[Lehman Brothers]] where he was co-chairman of investment banking. [23]
From 1978 to 1980, Mr. Solomon served as Deputy Mayor of Economic Policy and Development in New York City under Mayor [[Edward Koch]], and in 1980, he served as Counselor to the United States Treasury in the Carter Administration.<ref name = "Kanter, Stein and Jick 1992 p.188">{{Harvnb|Kanter, Stein, and Jick|1992|pp=188}}</ref>

From 1978 to 1980, Mr. Solomon served as Deputy Mayor of Economic Policy and Development in New York City under Mayor [[Edward Koch]], and in 1980, he served as Counselor to the United States Treasury in the Carter Administration. [24]


==Business Divisions==
==Business Divisions==


<big>'''Investment Banking'''</big>
<big>'''Investment Banking Capabilities'''</big>


• Mergers & Acquisitions
• Corporate Advisory<br>• Debt & Restructuring Advisory<br>• Cross Border M&A Advisory<br>• Private Placements


• Cross-Border M&A Advisory
==Notable deals==
Solomon's practices cover a broad range of industry verticals including retail, e-commerce and distribution; food retail and restaurants; energy; technology, media and telecommunications; infrastructure and power.


• Financing Advisory
Landmark transactions have included


• Debt Advisory & Restructuring
* advising [[Harrah's]] in its $28.7 billion sale to [[Apollo Global Management]] and [[Texas Pacific Group]]
* advising [[The May Department Stores Company|May Stores]] in its $17.4 billion sale to [[Federated Department Stores]]
* advising [[Phillips-Van Heusen]] in its $3.1 billion acquisition of [[Tommy Hilfiger Corporation]]
* advising [[The Jones Group Inc.|Jones Group, Inc.]] on its sale to private equity firm [[Sycamore Partners]]


• Special Purpose Acquisition Companies (SPACs)
Other advisory assignments over the years have also included


• Special Committee & Fairness Opinion Practices
* [[Office Depot|Office Depot's]] $1.1 billion merger with [[OfficeMax]]
* [[Under Armour|Under Armour's]] $150 million acquisition of digital fitness technology company, MapMyFitness
* [[eBay]] in its acquisition of [[GSI Commerce]]<ref>{{cite news|date=March 28, 2011|title=With GSI Deal, eBay Shifts to Big Retail|work=The New York Times|url=https://dealbook.nytimes.com/2011/03/28/ebay-to-buy-gsi-commerce-for-2-4-billion-bid}}</ref>
* [[Sony]] in its acquisition of [[EMI Music Publishing]]<ref>{{cite news|date=November 11, 2011|title=It's Official: Sony-Led Group Purchases EMI Music Publishing for $2.2 Billion|work=Billboard|url=http://www.billboard.biz/bbbiz/industry/publishing/it-s-official-sony-led-group-purchases-emi-1005511842.story}}</ref>
* [[Zagat Survey]] in its sale to [[Google]]<ref>{{cite news|date=September 8, 2011|title=In a Twist, Google Reviews Zagat, and Decides to Bite|work=The New York Times|url=https://dealbook.nytimes.com/2011/09/08/google-to-buy-zagat}}</ref>
* [[Walgreen Company]] in its acquisition of certain assets from BioScrip Inc<ref>{{cite news|date=February 2, 2012|title=Walgreens to Acquire BioScrip's Community Specialty Pharmacies and Centralized Specialty and Mail Service Pharmacy Businesses|work=Reuters|url=https://www.reuters.com/article/2012/02/02/idUS143659+02-Feb-2012+BW20120202|url-status=dead|archive-url=https://web.archive.org/web/20140808045812/http://www.reuters.com/article/2012/02/02/idUS143659+02-Feb-2012+BW20120202|archive-date=August 8, 2014}}</ref>
* [[Cost Plus, Inc.]] in its sale to [[Bed, Bath & Beyond]]<ref>{{cite news|date=May 9, 2012|title=Bed, Bath & Beyond to Buy Cost Plus|work=The New York Times|url=https://dealbook.nytimes.com/2012/05/09/bed-bath-beyond-to-buy-cost-plus}}</ref>
* [[Chico's FAS|Chico’s]] in its acquisition of Boston Proper<ref>{{cite news|date=August 17, 2011|title=Chico's FAS to Acquire Boston Proper|work=Reuters|url=https://www.reuters.com/article/2011/08/17/idUS104341+17-Aug-2011+PRN20110817|url-status=dead|archive-url=https://web.archive.org/web/20140808045820/http://www.reuters.com/article/2011/08/17/idUS104341+17-Aug-2011+PRN20110817|archive-date=August 8, 2014}}</ref>
* [[J.C. Penney]] in its investment in [[Martha Stewart Living Omnimedia]]<ref>{{cite news|date=December 7, 2011|title=Penney CEO calls Martha Stewart deal a "centerpiece"|work=Reuters|url=https://www.reuters.com/article/us-jcpenney-marthastewartlivingomnimedia-idUSTRE7B60DK20111207}}</ref>
* [[Media General]] in the sale of most of its newspapers to [[Berkshire Hathaway]]<ref>{{cite news|date=May 17, 2012|title=Berkshire Bets Again on Newspapers With Media General Deal|work=The New York Times|url=https://dealbook.nytimes.com/2012/05/17/berkshire-bets-again-on-newspapers-with-media-general-deal}}</ref>
* [[Phillips-Van Heusen]]'s $2.9 billion acquisition of [[Warnaco Group]]
* [[PPR (company)|PPR]] in its $525 million sale of OneStopPlus Group
* [[McKesson Corporation|McKesson Corporation's]] $2.1 billion acquisition of [[PSS World Medical]]


==References==
==References==
{{Reflist}}[1] "Gap Inc. Signs Credit Card Program Agreements with Barclays and Mastercard". ''Business Wire''. April 13, 2021.
{{Reflist}}

[2] "London Stock Exchange buys Frank Russell for $2.7 billion". ''Fortune''. June 26, 2014.

[3] "Save A Lot Announces Successful Completion of Business Recapitalization". ''Business Wire''. April 3, 2020.

[4] "CBS Outdoor Agrees to Buy Van Wagner's Billboard Business". ''Adweek''. July 21, 2014.

[5] "Nutraceutical Enters Into A Definitive Agreement To Be Acquired By HGGC". ''PR Newswire''. May 22, 2017.

[6] "Under Armour to sell MyFitnessPal for $345 million, after acquiring it in 2015 for $475 million". ''TechCrunch''. October 30, 2020.

[7] "Bankrupt Brooks Brothers Agrees to Sale to Simon Property and Authentic Brands". ''The New York Times''. September 8, 2020.

[8] "Thai Union, Investor Group Led By International Restaurant Executives, And Red Lobster Management Acquire Red Lobster". ''PR Newswire''. August 31, 2020.

[9] "Conair Corporation To Be Acquired By American Securities". ''American Securities''. March 12, 2021.

[10] "Netflix is offering more than $300 million for an LA-based billboard company: Source". ''CNBC''. April 6, 2018.

[11] "Groupe Rocher to Buy Arbonne International". ''Women’s Wear Daily''. February 2, 2018.

[12] "Italy's De' Longhi to buy U.S. blender maker Capital Brands". ''Reuters''. November 23, 2020.

[13] "Banijay Group completes acquisition of Endemol Shine". ''S&P Global Market Intelligence''. July 3, 2020.

[14] "Food Lion to acquire 62 stores from Southeastern Grocers". ''Grocery Dive''. June 3, 2020.

[15] "Southeastern Grocers to sell 25 stores to Alex Lee, B&T Foods". ''Supermarket News''. September 1, 2020.

[16] "SEG steps up ‘transformation’ with dissolution of Bi-Lo". ''Supermarket News''. June 4, 2020.

[17] "Natural retailer New Seasons Market sold to Good Food Holdings". ''Supermarket News''. December 10, 2019.

[18] "Federated-May merger bets on dept. stores". ''NBC News''. February 27, 2005.

[19] "Phillips-Van Heusen Buys Hilfiger for $3 Billion". ''The New York Times''. March 15, 2010.

[20] "Office Depot closes $1.2 billion merger with OfficeMax". ''Sun Sentinel''. November 5, 2013.

[21] [[Vicky Ward|Ward, Vicky]] (2010). ''The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers''. Hoboken, NJ: John Wiley & Sons. [[ISBN (identifier)|ISBN]] [[Special:BookSources/978-0-470-54086-2|978-0-470-54086-2]].

[22]  "PJ SOLOMON Announces Expansion to Fort Lauderdale". ''The Alliance''. May 20, 2021.

[23] ''"Dream-team investment banking: As old Wall Street crumbles, industry veteran Peter J. Solomon snaps up a few of its superstars"''

[24] [[PJ SOLOMON#CITEREFKanter%2C%20Stein%2C%20and%20Jick1992|Kanter, Stein, and Jick 1992]], pp. 188


==External links==
==External links==
*[http://www.pjsolomon.com PJ SOLOMON] (company website)
*[http://www.solomonpartners.com PJ SOLOMON] (company website)
*M&A activity has already blown past the $2 trillion mark in a record-breaking 2021. Fortune, June 2, 2021.
*[http://www.wwd.com/business-news/mergers-acquisitions/retail-restructuring-seen-gaining-momentum-3582556/ Retail Restructuring Seen Ahead]. Women's Wear Daily, April 14, 2011 via [http://www.pjsolomon.com/announcements/wwd-retail-restructuring-seen-ahead?A=SearchResult&SearchID=1984935&ObjectID=72421&ObjectType=7 the PJ SOLOMON website]
*Amazon and Walmart are investing capital to be both leading retailers and leading grocers: M&A Advisor. Yahoo! Finance, June 21, 2021.
*[https://blogs.wsj.com/bankruptcy/2010/11/15/pj-solomons-new-restructuring-head-counsels-bankruptcy-avoidance/ P.J. Solomon's New Restructuring Head Counsels Bankruptcy Avoidance]. Wall Street Journal, November 15, 2010
*PJ SOLOMON Appoints Jon Hammack as New Global Head of Healthcare. GlobeNewswire, July 1, 2021.
*Solomon Partners’ Pharmacy and Healthcare Expert Syed Husain Comments on Pharmacy Business Changes Expedited by COVID-19. The Wall Street Journal, June 18, 2021.
*{{cite book | last = Ward | first = Vicky | authorlink = Vicky Ward | title = The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers | year = 2010 | publisher = John Wiley & Sons | location = Hoboken, NJ | isbn = 978-0-470-54086-2 | url-access = registration | url = https://archive.org/details/devilscasinofrie00ward_0 }}
*{{cite book | last = Ward | first = Vicky | authorlink = Vicky Ward | title = The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers | year = 2010 | publisher = John Wiley & Sons | location = Hoboken, NJ | isbn = 978-0-470-54086-2 | url-access = registration | url = https://archive.org/details/devilscasinofrie00ward_0 }}
*[https://dealbook.nytimes.com/2009/02/09/peter-solomon-hires-new-media-team-head/ Peter Solomon Hires New Media Team Head]. The New York Times, February 9, 2009
*Kanter, Rosabeth Moss, Barry A. Stein, and Todd D. Jick (1992). {{cite book | authorlink = Kanter, Stein, and Jick | title = Challenge of Organizational Change: How Companies Experience It and Leaders Guide It }}. New York: Simon & Schuster. {{ISBN|0-7432-5446-5}}.
*Kanter, Rosabeth Moss, Barry A. Stein, and Todd D. Jick (1992). {{cite book | authorlink = Kanter, Stein, and Jick | title = Challenge of Organizational Change: How Companies Experience It and Leaders Guide It }}. New York: Simon & Schuster. {{ISBN|0-7432-5446-5}}.


Revision as of 19:35, 27 September 2021

Solomon Partners
Company typePrivate Company
IndustryInvestment Banking
Founded1989; 35 years ago (1989)
Headquarters
1345 Avenue of the Americas
New York City, New York
,
U.S.
Number of employees
160
Websitewww.solomonpartners.com

Solomon Partners, previously known as PJ SOLOMON, is an independently operated American investment bank and financial services company headquartered in New York, NY. Solomon Partners advises on:

mergers, acquisitions, divestitures, restructurings, recapitalizations, SPACs and capital markets solutions. The firm also provides counsel to corporate boards, renders fairness opinions and has built a successful practice defending companies in proxy and take-over contests.


Solomon Partners' practices cover multiple industry verticals including:

·      business services

·      consumer retail

·      financial sponsors

·      fintech

·      grocery, pharmacy and restaurants

·      healthcare

·      infrastructure, power and renewables

·      technology, media and telecommunications


Select transactions include advising:

·     Gap on its $3.82 billion agreement to move its credit card program and portfolio to Barclays and Mastercard from Synchrony Financial and Visa [1]

·      London Stock Exchange Group on its $2.7 billion acquisition of the Frank Russell Company [2]

·      Strategic Capital on its formation of a $1.5+ billion data center investment platform, Strategic Datasphere

·      Ports America on its $1.3 billion debt refinancing

·      Save-A-Lot on its $1 billion recapitalization and conversion sales [3]

·      EDF on its $885 million sale of 49.99% interest in CENG to Exelon

·      CBS Outdoor (now Outfront Media) on its $690 million acquisition of Van Wagner Communications’ major market advertising business [4]

·      Nutraceutical International Corporation on its $446 million sale to private equity firm HGGC LLC [5]

·      Special Committee of Perry Ellis International, Inc. on its $437 million sale to entity controlled by company founder George Feldenkreis

·      Under Armour on its $345 million sale of the MyFitnessPal Platform to Francisco Partners [6]

·      Brooks Brothers on its $325 million sale in Chapter 11 Bankruptcy proceedings to Authentic Brands Group (ABG) and SPARC [7]

·      US Wind on its $265 million investment from Apollo

·      Thai Union Group’s acquisition of the remaining equity stake in Red Lobster [8]

·      AMI Entertainment Network on its Senior Secured Credit Facility

·      Conair Corporation on its sale to American Securities [9]

·     Netflix on its acquisition of certain out of home media assets of Regency Outdoor [10]

·      Groupe Rocher on its acquisition of Arbonne International [11]

·      Capital Brands (NutriBullet) $420 million sale to The De'Longhi Group [12]

·       Banijay on its acquisition of Endemol Shine Group [13]

·       Southeastern Grocers on its sale of 62 BI-LO stores and a distribution center to Ahold Delhaize [14]

·       Southeastern Grocers on its sale of 25 BI-LO stores to Alex Lee, Inc. [15]

·       Southeastern Grocers on the sale of selected pharmacy assets to Walgreens and CVS [16]

·       New Seasons Market on its sale to E-mart/ Good Food Holdings, Inc. [17]


Founded in 1989, Solomon’s heritage was in the retail vertical. Notable transactions include advising:

·      May Stores in its $17.4 billion sale [KH1] to Federated Department Stores [18]

·      Phillips-Van Heusen in its $3.1 billion acquisition of Tommy Hilfiger Corporation [19]

·      Office Depot on its over $1.2 billion merger with OfficeMax [20]

History

Solomon Partners was founded in 1989 by Peter J. Solomon and was the first private independent investment banking firm created to incorporate the ethos and culture of the traditional investment banks with the entrepreneurial spirit of a collective partnership. [21] For over three decades, Solomon Partners has served as a trusted advisor on a number of sector-defining transactions.

Clients represent leaders in their industries, ranging from multinational, large-capitalization corporations to smaller, fast-growth companies. The firm has grown to more than 160 people, drawing senior bankers from major Wall Street investment firms, has expanded into a number of new verticals and added offices in Chicago and Fort Lauderdale. [22]

In June 2016, Solomon Partners entered into an alliance with Natixis, a French financial services firm owned by Groupe BPCE, to create an enhanced global M&A advisory and financing platform. Through the partnership, Solomon Partners continues to provide the experience of a boutique culture with an expanded global reach across Europe, Asia, Australia, the Middle East and the Americas.

In September 2021, the company transitioned to a new name, Solomon Partners, in recognition of its partnership ethos and transformation from a firm focused on a single industry to serving multiple sectors.

Peter J. Solomon is a former Vice Chairman of Lehman Brothers where he was co-chairman of investment banking. [23]

From 1978 to 1980, Mr. Solomon served as Deputy Mayor of Economic Policy and Development in New York City under Mayor Edward Koch, and in 1980, he served as Counselor to the United States Treasury in the Carter Administration. [24]

Business Divisions

Investment Banking Capabilities

• Mergers & Acquisitions

• Cross-Border M&A Advisory

• Financing Advisory

• Debt Advisory & Restructuring

• Special Purpose Acquisition Companies (SPACs)

• Special Committee & Fairness Opinion Practices

References

[1] "Gap Inc. Signs Credit Card Program Agreements with Barclays and Mastercard". Business Wire. April 13, 2021.

[2] "London Stock Exchange buys Frank Russell for $2.7 billion". Fortune. June 26, 2014.

[3] "Save A Lot Announces Successful Completion of Business Recapitalization". Business Wire. April 3, 2020.

[4] "CBS Outdoor Agrees to Buy Van Wagner's Billboard Business". Adweek. July 21, 2014.

[5] "Nutraceutical Enters Into A Definitive Agreement To Be Acquired By HGGC". PR Newswire. May 22, 2017.

[6] "Under Armour to sell MyFitnessPal for $345 million, after acquiring it in 2015 for $475 million". TechCrunch. October 30, 2020.

[7] "Bankrupt Brooks Brothers Agrees to Sale to Simon Property and Authentic Brands". The New York Times. September 8, 2020.

[8] "Thai Union, Investor Group Led By International Restaurant Executives, And Red Lobster Management Acquire Red Lobster". PR Newswire. August 31, 2020.

[9] "Conair Corporation To Be Acquired By American Securities". American Securities. March 12, 2021.

[10] "Netflix is offering more than $300 million for an LA-based billboard company: Source". CNBC. April 6, 2018.

[11] "Groupe Rocher to Buy Arbonne International". Women’s Wear Daily. February 2, 2018.

[12] "Italy's De' Longhi to buy U.S. blender maker Capital Brands". Reuters. November 23, 2020.

[13] "Banijay Group completes acquisition of Endemol Shine". S&P Global Market Intelligence. July 3, 2020.

[14] "Food Lion to acquire 62 stores from Southeastern Grocers". Grocery Dive. June 3, 2020.

[15] "Southeastern Grocers to sell 25 stores to Alex Lee, B&T Foods". Supermarket News. September 1, 2020.

[16] "SEG steps up ‘transformation’ with dissolution of Bi-Lo". Supermarket News. June 4, 2020.

[17] "Natural retailer New Seasons Market sold to Good Food Holdings". Supermarket News. December 10, 2019.

[18] "Federated-May merger bets on dept. stores". NBC News. February 27, 2005.

[19] "Phillips-Van Heusen Buys Hilfiger for $3 Billion". The New York Times. March 15, 2010.

[20] "Office Depot closes $1.2 billion merger with OfficeMax". Sun Sentinel. November 5, 2013.

[21] Ward, Vicky (2010). The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers. Hoboken, NJ: John Wiley & Sons. ISBN 978-0-470-54086-2.

[22]  "PJ SOLOMON Announces Expansion to Fort Lauderdale". The Alliance. May 20, 2021.

[23] "Dream-team investment banking: As old Wall Street crumbles, industry veteran Peter J. Solomon snaps up a few of its superstars"

[24] Kanter, Stein, and Jick 1992, pp. 188

  • PJ SOLOMON (company website)
  • M&A activity has already blown past the $2 trillion mark in a record-breaking 2021. Fortune, June 2, 2021.
  • Amazon and Walmart are investing capital to be both leading retailers and leading grocers: M&A Advisor. Yahoo! Finance, June 21, 2021.
  • PJ SOLOMON Appoints Jon Hammack as New Global Head of Healthcare. GlobeNewswire, July 1, 2021.
  • Solomon Partners’ Pharmacy and Healthcare Expert Syed Husain Comments on Pharmacy Business Changes Expedited by COVID-19. The Wall Street Journal, June 18, 2021.
  • Ward, Vicky (2010). The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers. Hoboken, NJ: John Wiley & Sons. ISBN 978-0-470-54086-2.
  • Kanter, Rosabeth Moss, Barry A. Stein, and Todd D. Jick (1992). Challenge of Organizational Change: How Companies Experience It and Leaders Guide It.. New York: Simon & Schuster. ISBN 0-7432-5446-5.
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