News & Insights

Chemical Bank to acquire TCF in $3.6 billion deal that creates Midwest powerhouse

Chemical Bank to acquire TCF in $3.6 billion deal that creates Midwest powerhouse

January 29, 2019

As published by Chad Livengood, Crain’s Detroit Business Chemical Financial Corp.’s $3.6 billion all-stock deal acquisition of TCF Financial Corp. to operate under the TCF Bank brand name will make it the largest midcap bank in the Midwest — and… Continue Reading  

PDA: Q&A Patrick M. O’Keefe

PDA: Q&A Patrick M. O’Keefe

June 6, 2018

As published by R.J. King, dbusiness The E-Interview, Patrick M. O’Keefe, Founder and CEO, O’Keefe, Bloomfield Hills DB: Where are you? PO: At the Colony Hotel in Palm Beach, Fla., where I’m attending the 2018 Distressed Investing Summit hosted by… Continue Reading  

City socks away cash against ‘pension cliff’

City socks away cash against ‘pension cliff’

March 5, 2018

As published by Chad Livengood, Crain’s Detroit Business Detroit poised to shed state financial oversight by April Looming pension payments of $143 million annually resume in 2024 City has created savings fund to cushion blow to general fund budget In… Continue Reading  

Expert Witness: Accountant Works Closely With Lawyers on Litigation Cases

Expert Witness: Accountant Works Closely With Lawyers on Litigation Cases

February 13, 2018

As published by Sheila Pursglove, Legal News Although Susan Koss sports the letters CPA rather than JD after her name, she has plenty of familiarity with the legal world. A partner and managing director at the financial transactional consulting firm… Continue Reading  

Why family owned companies should look beyond kin for key roles

Why family owned companies should look beyond kin for key roles

March 14, 2017

As published by Rachelle Damico, Crain’s Detroit Business For many traditional family businesses, the leading generation looks to the upcoming one to fill key roles. However, there are situations where hiring a family member isn’t possible. The next generation may be… Continue Reading  

A Balancing Act: How brand mash-ups make delicious innovations — and profits

A Balancing Act: How brand mash-ups make delicious innovations — and profits

February 1, 2017

As published by Keith Loria, fooddive.com Dunkin’ Donuts has coffee-flavored Pop-Tarts. Kraft-Heinz recently launched Velveeta frozen snacks. Kellogg’s offered Special K Crustless Quiche last year. The most popular and buzz-worthy mash-ups of the recent past seem to be food-related. Brands… Continue Reading  

Albertsons drops its pursuit of Price Chopper

Albertsons drops its pursuit of Price Chopper

February 1, 2017

As published by Keith Loria, fooddive.com Dive Brief: Despite talk for more than a month that Albertsons was trying to acquire Golub Corp., parent of New York’s Price Chopper chain, sources claim that the retailer has officially ceased its pursuit,… Continue Reading  

Art Van Furniture sells to private equity

Art Van Furniture sells to private equity

January 26, 2017

As published by JC Reindl , Detroit Free Press Retailer still plans to sponsor Detroit’s Thanksgiving Day parade Art Van Furniture will sell itself to a private equity firm after 58 years of ownership by its founder. The Warren-based retailer on… Continue Reading  

Banks And Students Alike Win in Michigan Chapter

Banks And Students Alike Win in Michigan Chapter

January 25, 2017

As published in the RMA Journal Each month, The RMA Journal is highlighting elements of RMA’s Academic Program, which aims to bridge the financial services industry’s talent gap by promoting banking careers and helping college students prepare for them. The… Continue Reading  

What is fueling grocery consolidation?

What is fueling grocery consolidation?

January 17, 2017

As published by Keith Loria, Food Dive When news hit last month that Albertsons Cos. is in advanced talks to acquire Price Chopper for approximately $1 billion — which would cement its status as the No. 2 grocer behind Kroger… Continue Reading