So Burger King has a 32 year old CEO, Daniel Schwartz, who has no previous industry experience. Fresh from his grueling undergrad education, Schwartz went to Wall Street as an M&A analyst, made a couple of other stops before joining 3G (Burger King’s private equity owner) as an analyst in 2005. A few years later,… Continue reading The Wisdom (?) of Very Young Top Officers at Multinationals
Tag: M&A
Bankruptcies Up! Opportunities Up Higher!
Nearly 30,000 companies filed for bankruptcy protection in the first half of 2009, up 64% from the previous year. Chapter 11 filings were up 113%. This means opportunity for the astute buyer. You can buy competitive customers for pennies on the dollar, acquire a cherished brand name, intellectual property, and maybe a great employee or… Continue reading Bankruptcies Up! Opportunities Up Higher!