Tag: DISTRESSED ASSETS REPORT
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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...
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Health-Care Investor Makes New Bankruptcy Bid for Bay Area Hospital
Healthcare investor Strategic Global Management Inc. offered $50 million in an all cash offer for two bankrupt Bay Area hospitals owned by...
Spiceology Earns $4.7M in Series A Funding
Spiceology recently announced the closing of $4.7M in series A funding. The spice company boasts over 250 salts, spices, and chilies as...
Telecommunications Company Crexendo to Offer More Common Stock to Public
Telecommunications and web service company Crexendo, Inc. (NASDAQ: CXDO) filed paperwork with the SEC to make an additional 3.5 million shares of...
King Mountain Tobacco Files for Bankruptcy, Alleges Unjust Government Taxes
After years of fighting with state and federal governments over taxes, King Mountain Tobacco Company, Inc. filed for bankruptcy on September 25....
DraftKings Adds Basketball Legend Michael Jordan to its Portfolio of Investors
On Wednesday, DraftKings, announced that former Chicago Bulls basketball player and NBA Hall of Fame inductee Michael Jordan, will be joining the...
