Breaking News

Bankrupt Il Mulino Granted Debtor-in-Possession Funds

Il Mulino, once a scion of the New York City dining scene, has declared several of its locations bankrupt. The restaurant's owner...

Guitar Center Files for Bankruptcy, Plans to Keep Stores Open

Musical instrument retailer Guitar Center filed for Chapter 11 bankruptcy protection on November 15. This marks the latest financial trouble for the...

Gulfport Energy Files for Chapter 11 Bankruptcy with $2.5 Billion in Debt

Gulfport Energy Corporation, which owns and operates oil and gas properties within the Louisiana Gulf Coast, filed for Chapter 11 bankruptcy in...

Independent Bookstores Fight to Beat COVID, Amazon

Independent bookstores are struggling to overcome the impact of two giants: COVID-19 and Amazon. Small, independent bookstores don't have the delivery resources...

Cred Inc. Files for Bankruptcy as its Trading Platform Plans to Sue

California-based cryptocurrency investment firm Cred Inc. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware on...

Bankrupt Wendy’s, Pizza Hut Franchisee Considers Sale to Panera Bread

NPC International Inc, the nation's largest owner of Wendy's and Pizza Hut stores, hopes to sell itself out of bankruptcy, pending approval...

Chicago Bars and Restaurants Defy Shutdown Order Despite COVID-19 Surge

Bars and restaurants in Chicago and its surrounding suburbs have chosen to defy a new order to shutdown indoor service, as COVID-19...

Two Major Mall Operators File for Chapter 11 Bankruptcy

Two major mall operators filed for Chapter 11 bankruptcy protection on Nov. 2, 2020. CBL & Associates Properties and Pennsylvania Real Estate...

Symrise AG to Acquire Sensient Technologies

On Monday Nov. 23, Symrise AG's (SYIEY) fragrance business announced that it has entered into a definitive agreement to buy Sensient Technologies...

Spruce Earns $8 Million in Series A Capital

Leading provider of lifestyle services, Spruce, earned $8 million in series A capital this month. The Texas-based company offers a range of...

BlackRock Acquires Aperio for $1 Billion

One of the world's largest investment platforms, BlackRock Inc., has acquired wealth management company Aperio Group LLC for a cash deal of...

Hisatsugu Nakatani To Become President of SNDS

Hisatsugu Nakatani, the president of NEC Display Solutions (NDS), will serve as the president of Sharp NEC Display Solutions (SNDS). Sharp has...

SPAC Frazier Lifesciences Acquisition Corporation Goes Public Looking for Opportunities in the Biotechnology Sector

Frazier Lifesciences Acquisition Corporation has recently filed paperwork with the SEC as part of its IPO process. This paperwork registers 10 million...

Airbnb Files IPO

On Monday Nov. 23, rental company Airbnb publicly announed its IPO. The company released a prospectus detailing its debut on the public...

Deals & Exits

Reports

New High Yield Bond Ratings November 23 – November 27, 2020

At least 23 companies received downgrades or revisions on high yield bond ratings during the week of November 23 – November 27,...

New Chapter 11 Filings, Disclosures: November 23 – November 27, 2020

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of November...

Bankrupt Companies Pay Billions in Corporate Bonuses as Employees and Debtors are Left Out

In the wake of COVID-19 lies an abundance of bankrupt companies that have paid their corporate executives huge sums of money, labeled...

PE Emerging Managers Raise $19.8 Billion in October

PE emerging managers raised more than $19.8 billion in October, according to data tracked by The Buttonwood Tree. One hundred and seventy...

New High Yield Bond Ratings November 16 – November 20, 2020

At least 20 companies received downgrades or revisions on high yield bond ratings during the week of November 16 – November 20,...

New Chapter 11 Filings, Disclosures: November 16 – November 20, 2020

At least six major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of November...

New High Yield Bond Ratings November 9 – November 13, 2020

At least 13 companies received downgrades or revisions on high yield bond ratings during the week of November 9 – November 13,...

Most Popular

FireEye Receives $400 Million from Blackstone

FireEye receives a $400 million investment from Blackstone. As a result, FireEye's shares had a 10 percent increase. The company also announced...

BlackRock Acquires Aperio for $1 Billion

One of the world's largest investment platforms, BlackRock Inc., has acquired wealth management company Aperio Group LLC for a cash deal of...

Synteract Bought by Syneos Health Inc.

Private equity backed, Synteract, has been sold to Syneos Health.

Why Private Equity is Interested in Renewable Energy

The private equity industry is moving away from the oil industry, and moving towards the renewable energy industry. Here's why.