1. Leonard Schutzman Associates
6380 Falcon Lair Drive • North Port, FL 34287 P.O. Box 7522 • Princeton, NJ 08543
Cell:(207) 263-8944 • len.schutzman@gmail.com akerzner@globalstudentsuccess.com
June 1, 2016
To Whom It May Concern:
Xuanjing Zhang was an intern at our consulting firm during the period, March, 2016 through May, 2016. He
was assigned to a client project team to analyze the merger of two natural food companies.
His responsibilities included: analyzing the strengths, weaknesses, opportunities and threats of each company;
researching acquisition multiples of recent transactions in the industry; preparing pro forma combined Income
Statements under alternative deal structures; and ultimately recommending whether the merger should occur
from each company’s perspective.
In each case, his work was professionally prepared and presented.
If we had an opening and suitable client work, we would definitely hire Xuanjing.
Len Schutzman Alan Kerzner
Managing Partner Chief Executive Officer
Leonard Schutzman Associates The Institute for Global Student Success