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Melinda Burris

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New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

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

ViacomCBS Networks International Agrees to Acquire Chilevisión

On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...

Carnival Reports $2 Billion Quarterly Loss

Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...

New High Yield Bond Ratings: April 5 – 9, 2021

At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Christine Lagarde

ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half

Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...

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Roper Technologies to Acquire Vertafore for $5.35 Billion

Roper Technologies, Inc. (NYSE: ROP) announced yesterday it would buy Vertafore Inc. for $5.35 billion. This would be its largest takeover deal...

Carnival Reports $2 Billion Quarterly Loss

Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...

UiPath Records Growth, Files For IPO

UiPath has filed for IPO weeks after raising money from investors and getting valued at $35 billion. Prominent backers of the robotic...
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Accel-KKR Buys Majority Stake in Fintech Platform Recurly

Recurly, Inc., the leading platform powering subscription commerce, today announced that it has secured a majority stake from Accel-KKR, a leading technology-based...

Prelude Therapeutics Files for Its IPO

Prelude Therapeutics Incorporated files for its IPO. According to the S-1 filing, the IPO will see the company trade shares on the...