Buffet Restaurant Chains Face Uneven Paths to Recovery
Despite the recent declines in new cases, waves of COVID-driven effects continue to persist across the restaurant sector. Since the early phase...
Airlines Begin to Rebound from COVID Distress
Tourism was hit hard by the COVID-19 pandemic. In particular, airlines experienced distress. Travel in and out of state was practically non-existent...
California Wineries, Restaurants Reveal Plans for New Normal in the Wake of COVID-19
When COVID-19 arrived in the U.S. just over a year ago it pushed California wineries and restaurants to be creative. Social distancing...
Godiva to Close all North American Stores in March 2021
Godiva will close all 128 of its stores in the United States and Canada by the end of March 2021. Decreased demand...
Distressed Asset Report: February 2021
While the Consumer Discretionary sector continues to face turmoil, most private equity portfolio companies appear to have cleared the worst the pandemic...
Distressed Steak ‘N Shake Narrowly Avoids Bankruptcy
Like many other restaurants, Steak 'n Shake became a distressed dining facility due to COVID-19. But similar to the brands that have...
Bleak Outlook Continues for Distressed Hotel Industry amid COVID
The leisure and hotel sectors continue to be among the industries most affected by the raging COVID-19 pandemic. Social-distancing requirements, travel restrictions,...
Distressed Asset Report: January 2021
As the calendar changes and COVID continues its assault on the overall economy, private equity firms must manage their distressed portfolio companies.
AMC Successfully Avoids Bankruptcy with New Funding
AMC Entertainment was granted a new lifeline after months of bankruptcy projections. The company announced on Jan. 25 that it has raised...
Dim Outlook for Sears, Kmart in Changing Retail Space
COVID-19 forced many retailers in 2020 to close stores, file for bankruptcy, or both. While Sears and Kmart, both of which had...
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Blackstone Climbs Up Financial Growth In The Second Quarter 2021
The leading investments management firm, Blackstone Group Inc., on Thursday, 22nd July 2021 reported their 2nd quarter 2021 investor call.
Aleks Larsen Is Banking On A New Partnership at Blockchain Capital
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Controversy As Chinese Splash The Cash Taking Control Of Two British Firms
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Lone Star Acquires McCarthy & Stone
Lone Star acquires McCarthy & Stone in a £630 million all-cash deal. Subsequently, the London-based retirement home builder's shares increased 43 percent...
E-Commerce Expert Shogun Gets Series C Funding to ‘Democratise Web’
Ecommerce experience platform Shogun has secured $67.5 million in Series C funding
France, U.S. Agree on Pushing Cross-Border Tax Reform
French Finance Minister Bruno Le Marie and U.S. Treasury Secretary Janet Yellen agreed to seek an international agreement on cross-border tax reform,...
Confluent Confidentially Files for IPO
Confluent, a real-time event streaming platform, confidentially files for IPO by submitting a draft registration statement to the SEC. The offering will...
Godiva to Close all North American Stores in March 2021
Godiva will close all 128 of its stores in the United States and Canada by the end of March 2021. Decreased demand...
