Kellogg Team Meets 'Challenge' From JPMorgan

A team of six Kellogg School of Management students had an outstanding performance in the JPMorgan Mergers & Acquisition Challenge held Jan. 11 in Chicago. This year's case competition pitted eight Kellogg teams against eight teams from the University of Chicago's business school, which hosted the event. Participants were tasked with evaluating several strategic options for a retail foods company owned by a Canadian income trust that would lose its tax-exempt status in 2011. The case was based on a deal previously handled by JPMorgan. Professors from both Chicago-based business schools, along with managing directors from the sponsor, judged the competition. The 16 teams were split into two groups with a winning team selected from each.