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Chicago-based Dutch Farms makes bid to buy bankrupt Oberweis Dairy

Brian Boomsma, the owner of Chicago-based Dutch Farms, made the stalking horse bid with plans to “operate and grow the business.” Oberweis Dairy, which filed for Chapter.....»»

Category: topSource: chicagotribuneApr 23rd, 2024

Bankrupt Hertz soars 68% after accepting a takeover bid that would give a rare payout to stock investors

Accordin.....»»

Category: personnelSource: nytMay 12th, 2021

Hertz shares soar 55% after it approves bankruptcy exit plan that benefits shareholders

Shares of bankrupt car-rental com.....»»

Category: topSource: marketwatchMay 12th, 2021

Hertz stock tumbles after revised bankruptcy exit proposal

Shares of Hertz Global Holdings Inc. tumbled 9.9% in premarket trading, after the bankrupt car rental company said it received a revised proposal for its Chapter 11 exit from affiliates of Knighthead Capital Management LLC, Ce.....»»

Category: topSource: marketwatchMay 4th, 2021

Former NBA player Junior Bridgeman to buy bankrupt Ebony for $14 million

Former NBA player Ulysses “Junior” Bridgeman has emerged as the likely next owner of legacy Black .....»»

Category: topSource: chicagotribuneDec 22nd, 2020

KFC owner Yum Brands breaks junk debt market"s four-week fast

Yum Brands Inc , owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold $600 million in bonds on Monday, reopening the U.S. market for junk-rated debt issues after its longest lull since the 2008 financial crisis......»»

Category: topSource: reutersMar 31st, 2020

KFC owner Yum Brands breaks junk debt market"s fast

Yum Brands Inc , owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold $600 million in bonds on Monday, reopening the U.S. market for junk-rated debt issues after its longest lull since the 2008 financial crisis......»»

Category: topSource: reutersMar 30th, 2020

Food Bazaar owner bids for Fairway stores

Another bidder has emerged in the upcoming auction for FairwayThe bankrupt grocer announced late Wednesday that the operator of Food Bazaar, Bogopa Enterprises, had offered to acquire its store in... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 14th, 2020

Authentic Brands taps former H&M executive to helm Forever 21

Forever 21's new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of the bankrupt apparel retailer......»»

Category: topSource: reutersFeb 25th, 2020

Forever 21 names former H&M executive as CEO

Forever 21's new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of the bankrupt apparel retailer......»»

Category: topSource: reutersFeb 25th, 2020

Simon Property Group, Authentic Brands consider buying Forever 21

Mall owner Simon Property Group is considering a bid to buy Forever 21, the bankrupt teen retailer that’s running out of money and time, according to people with knowledge of the matter. Simon would... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 26th, 2020

SOS: workers appeal for Titanic shipyard Harland and Wolff

Harland and Wolff, the Belfast shipyard that built the Titanic, faces a voyage into a perilous future itself after being put into administration by its bankrupt Norwegian owner. David Pollard reports......»»

Category: videoSource: reutersAug 6th, 2019

Co-owner of LAFC soccer team is accused of securities fraud by the SEC

Jason Sugarman, a minority owner of the popular Los Angeles Football Club and son-in-law of Hollywood mogul Peter Guber, has been accused of participating in an elaborate scheme that defrauded investors in tribal bonds of some $.....»»

Category: topSource: latimesJul 16th, 2019

Bob Nutting might purchase bankrupt newspaper

Pittsburgh Pirates owner Bob Nutting might be looking to add a piece — not to the baseball team, but to his newspaper business. A report from the Philadelphia Inquirer said Nutting toured the offices of the struggling Reading Eagle newspaper last.....»»

Category: topSource: bizjournalsMay 15th, 2019

What to do if you miss your RMD deadline

So you’re the proud owner of a retirement account and you’re in or approaching y.....»»

Category: topSource: moneycentralApr 2nd, 2019

PetSmart Bonds Sink As Most Expensive LBO In Retail History Hurtles Toward Bankruptcy

With Sears' hedge-fund owner stepping in the backstop the flailing retail giant as it shambles toward bankruptcy, and what's left of Toys R' Us is struggling through the indignity of liquidation after the compan.....»»

Category: blogSource: zerohedgeApr 26th, 2018

Bankrupt Bertucci"s to be acquired by Planet Hollywood owner for $20M

Northborough-based Bertucci’s will be acquired by the corporate parent of Planet Hollywood for around $20 million, according to legal filings in the restaurant chain's bankruptcy case. Bertucci's, which filed for Chapter 11 bankruptcy last mont.....»»

Category: topSource: bizjournalsJun 5th, 2018

Reorganization of Bankrupt Applebee"s Franchisee Could Include Existing Owner

Acon Investments, the buyout firm that owns a bankrupt Applebee’s franchisee, wants to recapitalize the restaurant operator while also leaving the door open for a new bidder to emerge in the chapter 11 proceedings, a lawyer for the franchisee said......»»

Category: smallbizSource: wsjAug 17th, 2018

New owner of Bon-Ton brands previously tried to buy bankrupt retailer

The new owners of The Bon-Ton brands originally tried to bid for the company as a going concern. CSC Generation, a technology platform, recently took over and relaunched Bon-Ton and its subsidiary brands after purchasing the defunct department store.....»»

Category: topSource: bizjournalsSep 17th, 2018

Owning a Share in a Racehorse

 Owning a Share in a Racehorse Join a syndicate or racing club and become the proud owner of a stake in your own rac.....»»

Category: topSource: livetradingnewsOct 29th, 2018