Corporate Restructuring, Insolvency and Bankruptcy Advisory Services
Media Business Advisers' valuation practice and our representation of selling companies provide a solid base of experience from which to provide advice either to creditors faced with an insolvent or bankrupt debtor, or to operating companies whose capital structures need repair. The firm's professionals have advised the creditors committee of a substantial and complex Chapter 11 case, and renegotiated the senior bank debt facilities of an excessively leveraged, but established, operating company, among other assignments. Media Business Advisers can assist creditors in assessing recovery prospects in situations involving insolvent or bankrupt debtors.

Strategy, Governance and Human Resource Consulting to Family and Owner-Managed Businesses
Owner-operators of private businesses frequently seek out the professionals of Media Business Advisers to review their plans for growth. Operating assumptions, financial models and financing strategy are all subjected to the objectivity of experienced third-party professionals with knowledge of industry practices and competitive realities. The firm's senior advisory personnel have overseen extensive reviews of operating company lines of business, corporate structure, senior management, governance mechanisms, and capital structure alternatives for a wide range of closely-held enterprises.

Merger and Acquisition Advisory Services
Media Business Advisers performs advisory engagements for both prospective sellers and buyers of operating company assets. For over 20 years the firm's executives have been active participants for clients of all sizes in the private transaction markets for advertising-supported print media properties.

For many business owners, the decision to sell or to buy is a crucial event for which their operating experience does little to prepare them. Expert as they may be in the markets in which they compete, entrepreneurs can benefit from guidance through the intricacies of a significant business combination. If a business owner is considering a transaction involving the purchase or sale of a company, Media Business Advisers helps answer such questions as:

• What is the company worth?
• How should it be presented for sale?
• How to identify the active players in the market?
• How does one manage a competitive process to maximize value?
• What elements need to be negotiated in a purchase agreement?

Media Business Advisers Inc. provides counsel in all aspects of the sale process, beginning with a dispassionate critique of market conditions, values, and timing. If the client decides to move forward, Media Business Advisers orchestrates an orderly process:

• Working in tandem with the client, Media Business Advisers assembles an authoritative offering memorandum detailing the company - market position, operations, financial performance, staff and infrastructure.
• Simultaneously, Media Business Advisers will use its industry knowledge to assemble a prioritized list of prospects and plan the sale process.
• After the client approves the offering memorandum and the prospect list, Media Business Advisers makes contacts to seek to obtain confidentiality agreements.
• If the appropriate confidentiality covenants are obtained, the offering memorandum is forwarded for review.
• Media Business Advisers then acts as the liaison between prospects and client, clarifying aspects of the company, and coordinates the bidding procedure.
• With the client's attorney, our firm assists in the negotiation of the purchase agreement and the closing of the transaction.