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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...
Brex

Brex Files Application for Industrial Bank Charter with FDIC

Fintech Brex announced in a statement on Feb. 19 that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC)...

New High Yield Bond Ratings February 15 – February 19, 2021

At least 25 companies received a revision on high yield bond ratings during the week of February 15 - February 19, 2021....

Varo Bank raises $63 million from NBA player Russell Westbrook

Varo Bank raised $63 million from NBA all star player Russell Westbrook’s organization, Russell Westbrook Enterprises. Westbrook will join Varo Bank as...

SPAC Aurora Acquisition Corp. Goes Public Looking at European, Middle Eastern, and African Technology...

Aurora Acquisition Corp. has filed paperwork with the SEC announcing its IPO. Moreover, this deal registers 23 million units to publicly trade...

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Asda has been Acquired by Issa Brothers and TDR Capital

Walmart Inc. (Walmart) has sold a majority stake of UK-based retailer Asda Group Limited (Asda) to billionaire brothers Mohsin and Zuber Issa...
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VF Corp Acquires Supreme for $2.1 Billion

It was announced this week that VF Corporation (VFC), the owner of many popular clothing and shoe brands, has acquired 100% of...

Root Inc. Announces Pricing of IPO

Root Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced the pricing of its IPO on Monday, Oct. 27. Shares...

DoorDash Files for IPO

DoorDash (NYSE: DOORD) officially filed for a $100 million IPO on the New York Stock Exchange on Monday Nov. 16. The company...
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KKR to Triple Vietnam Investments after Vinhomes Deal

KKR & Co. Inc. (NYSE: KKR) expects to triple its investments in Vietnam within the next ten years. The firm is plans...