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New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...
CPI U.S. Inflation

CPI Shows U.S. Inflation Rose to 13-year High in April

The consumer price index (CPI) rose by 0.8% to match its largest monthly increase, the U.S. Labor Department reported on May 12....

Gray Television to Acquire Meredith’s Station Group For $2.7 Billion

Gray Television (NYSE: GTN) announced on Monday May 3 that it has entered a deal to acquire Meredith Corp.'s (NYSE: MDP) local media group...

Code Chain New Continent Limited to Acquire Doo Limited

On Monday April 26, Code Chain New Continent Limited (NASDAQ: CCNC) announced its plan to acquire Filecoin miner Doo Limited. Code Chain...

Stem Cell Biotech Company Talaris Therapeutics Inc files for IPO

The late cell stage cell therapy company, Talaris Therapeutics Inc files for a $100 Million IPO On the 16th of April 2021....

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L.P. Scorecard: CalSTRS 2014

L.P. Scorecard: Permira, Spectrum, and Thoma Bravo lead CalSTRS 2014 Investments

CalSTRS, the second largest public pension fund in the United States, has steadily increased its total commitment to private equity funds since...

Friendly’s Files for Chapter 11, Restaurants to Remain Open

FIC Restaurants, Inc, the parent company of Friendly's Restaurants, filed for Chapter 11 on Nov. 2, 2020. The company plans to sell...

Mixed Signs of Recovery and Distress in Sight for Hotels

Since the COVID-19 outbreak in February, U.S. lodging, leisure, and gaming sectors have been among the hardest-hit industries. Travel bans and restrictions...

Hertz Follows Chapter 11 With Massive Car Sale

Earlier this year, Hertz filed for Chapter 11 bankruptcy. The company faced a massive financial strain after its revenue significantly decreased due...
Biotechnology

The Recent Evolution of Biotechnology

There is no doubt we’re observing immense progress in the macroscopic biomedical biotechnology sciences. Analyzing living cells and tissues is more practical than ever yet.