NEW YORK--(EON: Enhanced Online News)--PETER J. SOLOMON COMPANY (PJSC) announced today that senior investment banker Frederic M. Seegal has been named a Vice-Chairman.
“Fred joined the firm in 2009 as a Senior Advisor to support and work closely with Managing Director Richard S. Brail and others to strengthen our media, entertainment, communications and technology practice”
“Fred joined the firm in 2009 as a Senior Advisor to support and work closely with Managing Director Richard S. Brail and others to strengthen our media, entertainment, communications and technology practice,” said Peter J. Solomon, Chairman and Kenneth T. Berliner, President in a joint statement. “Through Fred’s and Rich’s efforts, we have capitalized on PJSC’s leading position in the retail sector by leveraging their expertise in e-commerce and digital media. As a result, in the past year we have advised eBay on its acquisition of GSI Commerce; Zagat Survey on its sale to Google, Thomas Nelson on its pending sale to HarperCollins/News Corp., Sony and its investor group on its pending acquisition of EMI Music Publishing, Home Depot on its acquisition of Redbeacon, the major shareholder of Barnes & Noble on an investment by Liberty Media, and J.C. Penney on its investment in Martha Stewart Living Omnimedia.”
“Clients continue to be attracted to Fred because of his experience and creativity,” said Solomon. “We are delighted that Fred is with us and congratulate him on his success.”
Fred Seegal said, “At PJSC, we have succeeded in providing our clients with proprietary financial advice focused on the confluence of traditional media, retail, distribution and e-commerce. I am thrilled by the progress we have made in establishing Peter J. Solomon Company as a leading advisory platform in this area.”
Prior to joining PJSC three years ago, Seegal, 64, had spent most of his 35 year investment banking career at Wasserstein Perella, where he served as President; and Salomon Brothers and Lehman Brothers, concentrating primarily on major traditional and digital media and telecom clients.
Inquiries may be directed to PJSC Managing Director, Diane M. Coffey, 212-508-1605; email@example.com
Peter J. Solomon Company (PJSC) is a leading independent investment banking firm headquartered in New York City. Founded in 1989, the Firm provides owners, boards of directors, chief executives, and senior management of public and private companies with strategic and financial advice that generally results in a financial transaction.
PJSC has successfully completed more than 500 strategic and financial advisory assignments in the form of mergers, acquisitions, divestitures, recapitalizations, refinancings, restructurings and fairness opinions. PJSC has also built a successful practice defending companies in proxy and take-over contests. The firm’s clients represent industry leaders in media, entertainment, communications and technology; health care, pharmaceuticals and life science; retail and apparel; e-commerce; wholesale and catalogue distribution; branded and unbranded consumer products; and industrial products.