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AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion

AT&T Inc said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile......»»

Category: topSource: reutersOct 9th, 2019

AT&T plans to sell its Puerto Rico business for almost $2 billion amid pressure from activist hedge fund Elliott Management (T)

Brendan McDermid/Reuters AT&T announced on Wednesday it plans to sell its Puerto Rico and US Virgin Islands business to Liberty Latin America for almost $2 billion.  The.....»»

Category: topSource: businessinsiderOct 9th, 2019

AT&T to sell Puerto Rico, U.S. Virgin Islands units to Liberty Latin America

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 9th, 2019

AT&T selling Puerto Rico, U.S. Virgin Islands businesses to Liberty Latin America for $1.95 billion in cash

AT&T Inc. said Wednesday that it will sell both its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America for $1.95 billion in cash. The companies expect the deal to close in th.....»»

Category: topSource: marketwatchOct 9th, 2019

Tropical Storm Karen Prompts Warnings For Puerto Rico, Virgin Islands

Tropical Storm Karen – the sixth named .....»»

Category: blogSource: benzingaSep 23rd, 2019

OFG Bancorp (OFG) CEO Jose Rafael Fernandez on Acquisition of Scotiabank Operations in Puerto Rico and U.S. Virgin Islands Conference Call (Transcript)

OFG Bancorp (OFG) CEO Jose Rafael Fernandez on Acquisition of Scotiabank Operations in Puerto Rico and U.S. Virgin Islands Conference Call (Transcript).....»»

Category: topSource: seekingalphaJun 27th, 2019

OFG to acquire Scotiabank ops in Puerto Rico, U.S. Virgin Islands

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 26th, 2019

US releases Puerto Rico debt crisis report, offers solutions

A U.S. government report Wednesday detailed how Puerto Rico accumulated som.....»»

Category: topSource: foxnewsMay 9th, 2018

Analysis: What Virgin Australia"s bankruptcy move means

CANBERRA. Australia (AP) — Virgin Australia has become the world’s largest airline to seek bankruptcy protection in the weeks since the coronavirus shutdown created a debt crisis. .....»»

Category: topSource: moneycentralApr 23rd, 2020

Virgin Australia enters voluntary administration with aim to recapitalise

Virgin Australia Holdings Ltd said on Tuesday it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by the coronavirus crisis and a high debt load......»»

Category: topSource: reutersApr 20th, 2020

Virgin Australia poised to enter voluntary administration: sources

Virgin Australia is poised to enter voluntary administration, two sources close to the matter said on Monday, with the cash-strapped airline unable to weather the coronavirus crisis because of its A$5 billion ($3.2 billion) of debt......»»

Category: topSource: reutersApr 20th, 2020

Virgin Australia poised to enter voluntary administration: reports

Virgin Australia Holdings is poised to enter voluntary administration, local media reported on Monday, with the cash-strapped airline unable to weather the coronavirus crisis because of its A$5 billion ($3.2 billion) of debt......»»

Category: topSource: reutersApr 20th, 2020

Virgin Australia to enter voluntary administration: SMH newspaper

Virgin Australia Holdings is preparing to enter voluntary administration, the Sydney Morning Herald reported on Monday, citing unnamed sources, with the cash-strapped carrier unable to weather the coronavirus crisis because of its debt......»»

Category: topSource: reutersApr 20th, 2020

Airbnb"s CEO compared the coronavirus crisis to Hurricane Maria, saying its business will bounce back, just as it did after the storm that ravaged Puerto Rico

Mike Cohen/Getty Images for The New York Times Airbnb CEO Brian Chesky on Monday promised hosts that the company's business will bounce back following the.....»»

Category: topSource: businessinsiderMar 30th, 2020

Elon Musk says Tesla will make ventilators in case of a shortage caused by the coronavirus — here are all the other humanitarian crises he"s tried to fix (TSLA)

REUTERS/Rashid Umar Abbasi Tesla and SpaceX CEO Elon Musk doesn't shy away from a crisis.  The billionaire has offered his help on everything from supplying power to Puerto Rico following Hurri.....»»

Category: topSource: businessinsiderMar 21st, 2020

Puerto Rico gets investors" OK to reduce debt load by $24 billion, inching closer to the end of bankruptcy

Reuters/Alvin Baez Puerto Rico struck a deal with bondholders Sunday that reduces debt by $24 billion while agreeing to pay back debt 10 years sooner than before. Puerto Rico has s.....»»

Category: topSource: businessinsiderFeb 11th, 2020

Hedge Fund and Insider Trading News: Citadel, Moore Capital Management, Baupost Group, Elliott Management, Sleep Number Corp (SNBR), Ashland Global Holdings Inc (ASH), and More

Baupost Sheds Puerto Rico Debt That Drove Ivy League Protest (Bloomberg) Baupost Group, which was targeted by student divestment campaigns over.....»»

Category: topSource: insidermonkeyFeb 7th, 2020

Trump administration to place new restrictions on billions in aid for Puerto Rico amid island’s political crisis

President Trump has asked aides to find new safeguards for Puerto Rico funding, leading to the new plan, senior officials said......»»

Category: topSource: washpostAug 1st, 2019

Trump administration to place new restrictions on billions in Puerto Rico aid

President Trump has asked aides to find new safeguards for funding amid a political crisis on the island, leading to the new plan, senior officials said......»»

Category: topSource: washpostAug 1st, 2019

Puerto Rico Bondholders Agree to $35B Debt Restructuring Deal

This article was originally published on ETFTrends.com......»»

Category: topSource: foxnewsJun 18th, 2019