Daily News: January 15, 2014

WSJ: M*Modal Enlists Turnaround Advisers

The Wall Street Journal reported M*Modal, which J.P. Morgan’s One Equity Partners acquired about 18 months ago in a leveraged buyout, is turning to restructuring advisers as it handles buyout debt, citing people familiar with the matter.

The company enlisted restructuring bankers at Lazard, lawyers at Dechert and turnaround advisers at Alvarez & Marsal, sources told The Wall Street Journal .

To read the entire Journal article, click here.