In a time when investment banks are contemplating entrance into the distressed world, distressed specialist Chanin Capital Partners is upping its M&A capabilities. Two weeks ago, Richard Morgner spent his first day on the job as the head of Chanin’s newly created M&A department. When he spoke with Mergers & Acquisitions Report, Morg-ner said he wants to combine his M&A approach with Chanin’s distressed and buyout contacts.
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