3131 McKinney Ave, Suite 600, Dallas, TX214-438-4840info@challengeradvisors.com

Follow Us

Comcast Invests in Advertising, Buys Freewheel

Comcast Invests in Advertising, Buys Freewheel

By now, most are aware that Comcast Corp recently agreed to acquire Time Warner Cable Inc. for an incredible $45.2 billion. Hordes of people stormed to the Internet over the news, many criticizing that the move will stifle competition and ultimately hurt consumers’ best interests. While the critics may have valid concerns, Comcast is not…

Jos. A. Bank Slaps Down Offer from Men’s Wearhouse

Jos. A. Bank Slaps Down Offer from Men’s Wearhouse

The fight between Jos. A. Bank and Men’s Wearhouse continues. The two have been in a long, drawn-out acquisitions struggle for some time. And not long ago, Jos. A Bank announced it rejected yet another offer by the rival clothing retailer. A letter sent to Douglas Ewert, president of Men’s Wearhouse, succinctly summarizes Jos. A….

Nestle is Pondering Another Sale, Per Sources

Nestle is Pondering Another Sale, Per Sources

The world’s largest food company—which has already sold several of its businesses in the past several months—is entertaining the idea of selling its frozen foods business, Davigel, as well. With potential sales come potential buyers, including Brake Brothers, Booker Group and Sodexho among some of the companies that may show interest in the news. However,…

Cengage Makes a Deal to Crawl Out of Bankruptcy

Cengage Makes a Deal to Crawl Out of Bankruptcy

After filing for Chapter 11 bankruptcy in July 2013, Cengage Learning Inc. has announced the company has struck a new deal with its major creditors. The deal itself cuts down $4 billion in debt, but the agreement will also modify a previously filed plan of reorganization and lays the foundation for an end to the…

Bank of America Boosts Salaries for Top Bankers

Bank of America Boosts Salaries for Top Bankers

In order to bypass a new European Union (EU) cap on pay, Bank of America Merrill Lynch has formulated a plan to raise the salaries for a few of its senior bankers—by roughly 20 percent. The move was a result of EU’s new ruling that came into force in January 2014. The rule limits salary…

Detroit Files Lawsuit Aimed to Void Pension Debt

Detroit Files Lawsuit Aimed to Void Pension Debt

There have been new developments involving Detroit’s economic woes. Just recently, the city filed a lawsuit in U.S. bankruptcy court on January 31 that seeks to invalidate $1.44 billion of debt sold to fund public worker pensions. Detroit contends the pension debt was nothing more than a borrowing by the city and it violated the…

The Carlyle Group Offers Up Billions for J&J Business

The Carlyle Group Offers Up Billions for J&J Business

As part of its typical trimming of family businesses, Johnson & Johnson started reviewing strategic options for its Ortho-Clinical Diagnostics business last year (a blood testing unit that services hospitals, testing laboratories and blood banks). In 2012, the diagnostics business reported revenue of $2.1 billion—down more than four percent from the previous year. The first…

Can Apollo Save Chuck E. Cheese?

Can Apollo Save Chuck E. Cheese?

There’s at least one company out there willing to bet Chuck E. Cheese is not a lost cause. The restaurant chain, which has been struggling to remain a relevant entertainment spot for years, agreed to be acquired for $950 million by an affiliate of Apollo Global Management. The investment firm is known for acquiring troubled…

Google Looks to Home Hardware by Acquiring Nest Labs

Google Looks to Home Hardware by Acquiring Nest Labs

If you’re interested in technology and high-profile acquisitions, you might remember in 2012 when Google took a big step into the hardware business by closing its acquisition of Motorola Mobility for $12.5 billion. Well the search giant has taken yet another leap in the hardware industry by buying a connected device manufacturer, Nest Labs, for…

Cloud Computing Increases Performance and Lowers Cost

Cloud Computing Increases Performance and Lowers Cost

If your business isn’t familiar with cloud computing, then you you’re likely falling behind the competition. Cloud computing is the foundation for organizations that are transitioning to a virtualized datacenter infrastructure. It can lead to high growth opportunities, lower cost, increase performance and efficiency. And the latest cloud computing study by TheInfoPro, a service of…

Shortcuts | Copyright 2017 Challenger Advisors LLC. | All Rights Reserved
Menu