Market Chatter-Corporate finance press digest

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August 1, 2013 by apicomely

* Private equity firm American Securities LLC is exploring a possible sale of specialty chemicals manufacturer General Chemical Corp that could fetch more than $1 billion, three people familiar with the matter said this week. * Credit Suisse Group AG is in advanced talks to sell a private equity business to Grosvenor Capital Management LP as the bank adapts to stricter rules for managing capital and risk, a person familiar with the matter said on Wednesday. * Royal Dutch Shell will sell at least four more oil blocks in Nigeria in its latest divestment from Africa’s top oil exporter, three oil industry sources familiar with the deals said on Wednesday.

However, layoffs begin in two weeks. Then the center will reorganize and run on a volunteer basis. He said they’ve got grant applications out and are trying to raise money. Dolloff then told the committee to go with the selectmen’s amount, but add $124,300 into the contingency fund.

Osborn continued, “So often an open finance or accounting position is critical to the daily success of the business, so it’s important that while the search process is ongoing, companies consider an interim consultant to manage the job duties and keep the business moving forward in the meantime.” According to Osborn, the most in-demand professionals are those with a CPA and with skills in ERP systems. It’s also important for job seekers to demonstrate longevity and tenure in positions, so she advises that it’s best to stick with the current job until landing a new one, rather than resigning before getting the next job. About Vaco “Vaco” is derived from a Latin word meaning “to free yourself from a master.” Vaco Los Angeles LLC was founded in 2006 and has been named a #1 Best Place to Work in Los Angeles for three of the last four years, and #15 of 100 Fastest-Growing Privately Held Companies in Los Angeles by the Los Angeles Business Journal. Vaco is a leading consulting and placement firm specializing in the accounting, finance and technology sectors. Further information on Vaco can be found at http://www.vaco.com/los-angeles .

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