KKR Gains 300% Profit from the Largest IPO of COVID-19
From the largest IPO of COVID-19, KKR & Co. Inc. (NYSE: KKR) has made a profit of more than 300% by selling...
Morgan Stanley Capital Partners to Sell Vet Hospital Business
The private-equity arm of the bulge bracket bank Morgan Stanley, Morgan Stanley Capital Partners plans to sell its vet hospital business, Pathway...
Recent Articles
Hudson Yards Event Venue Files for Chapter 11 Bankruptcy
Hudson Mercantile, the iconic event space in Manhattan's Hudson Yards, has filed for Chapter 11 bankruptcy. The company faced financial challenges brought...
New High Yield Bond Ratings October 19 – October 23, 2020
At least 12 companies received downgrades or revisions on high yield bond ratings during the week of October 19 – October 23,...
Euronext Acquires Borsa Italiana in $5.1 Billion Deal
Euronext has acquired Borsa Italiana in a $5.1 billion deal. The London Stock Exchange is the entity that facilitated the deal. The...
Scottsdale Community Bank to Become Arizona’s Newest Community Bank
The Federal Deposit Insurance Corporation (FDIC) has given Scottsdale Community Bank (SCB) conditional approval to open as Arizona's first new community bank...
McAfee Reenters Stock Market with IPO of $20
McAfee Inc, the software company best known for their firewall program, reentered public domain with an IPO of $20 on Wednesday. With...
Most Popular
More than 100 Companies Filed Bankruptcy, Defaulted on Loans Since May
Bankruptcies crossed a new milestone this week. Since May 18, 2020, there have been at least 102 Chapter 11 bankruptcy filings or...
Apollo Forms Large-Scale Origination Platform
Apollo Global Management, Inc., today announced the formation of Apollo Strategic Origination Partners. Mubadala Investment Company and certain permanent capital vehicles managed...
Regal Suspends All U.S. Movie Theater Operations due to Pandemic
On October 5, Regal Entertainment Group owner Cineworld Group plc announced the suspension of its U.S. movie theater operations.
Virgin Atlantic Becomes Second Flagship to File Bankruptcy
London-based airline Virgin Atlantic filed for Chapter 15 bankruptcy protection in the U.S. The action follows a restructuring plan that the company...
Apollo Makes Another Attempt to Acquire Tegna, Challenging Gray Bid
On Friday Apollo Global Management Inc. made an all-cash offer to acquire TV-station owner, Tegna Inc. The private-equity firm offered a bid of $20...
