The Modern Consultant

Leucadia National Corporation is a holding company that, through its subsidiaries, engages in telecommunications, health care services, manufacturing, banking and lending, real estate and winery businesses. As of August 2005, Leucadia was valued at more than 4 billion dollars. The company s highest profile move to-date was a bid in 2004 to acquire 50 percent of telecommunications company MCI's common stock. Leucadia National Corporation is headquartered in New York, but has additional offices in Salt Lake City.

UBS Investment Bank is one of the leading financial firms located in New York City. It is a global wealth and asset management and securities firm. The firm s wealth management section provides various investment services, such as asset management, estate planning, corporate finance and art banking services. It offers a wide range of investment management solutions to private, institutional and corporate clients. The firm s investment capabilities include traditional assets, such as equities, fixed-income and asset allocation services. Its capabilities also include alternative and quantitative investments, including multimanager and hedge funds. The firm s investment banking and securities businesses provide various securities products and research in several areas, such as equities, fixed-income, rates, foreign exchange, energy and metals.

Houlihan Lokey is an international investment bank established in 1970. The Los Angeles-based firm provides a wide range of services, including mergers and acquisitions, financing, financial opinions and advisory services, and financial restructuring. It annually serves more than 1,000 clients, ranging from closely held companies to Global 500 corporations.