[ad_1] The investment-banking business tied to Silicon Valley Bank is preparing a management buyout that has the backing of Seth Klarman’s hedge fund, Baupost Group. [ad_2] Source link
Tag: Bankruptcy Reorganization
WSJ News Exclusive | Vice Media Nears Deal for $400 Million Sale Out of Bankruptcy
[ad_1] Vice Media is nearing a deal for senior lenders including Fortress Investment Group and Soros Fund Management to acquire the troubled media company out of bankruptcy at a valuation…
SAS Reports Better Liquidity, Won’t Use Second Tranche of Bankruptcy Loan
[ad_1] SAS said it won’t use the next tranche of its bankruptcy loan in the second quarter, after its liquidity improved during the winter. [ad_2] Source link
Cineworld Reaches Conditional Pact With Lenders to Exit Bankruptcy — Update
[ad_1] Cineworld said it has reached agreements with its lenders to emerge from Chapter 11 bankruptcy in the U.S., with the proposed restructuring expected to reduce indebtedness by around $4.5…
Hertz Chairman Exits, CEO Stephen Scherr to Replace Him
[ad_1] Greg O’Hara led the board after the car-rental company emerged from bankruptcy. [ad_2] Source link
Party City Files for Chapter 11 Bankruptcy With Plans to Cut Debt
[ad_1] Pro Bankruptcy The party-goods retailer is aiming to exit bankruptcy in four months with a reduced debt load [ad_2] Source link
Cineworld Grapples With Box-Office Slump as It Seeks a Sale in Bankruptcy
[ad_1] Bankrupt movie-theater chain Cineworld Group PLC said it continues to miss its box-office projections due to challenging market conditions as it gears up to sell itself out of chapter 11. Joshua…