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Restructuring and Recapitalization

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Top Restructuring and Recapitalization Articles

Displaying items 34-44
  • Credit-counseling agencies scramble to deal with own financial crunch

    Facing multimillion-dollar losses, the CredAbility credit-counseling agency pared its Orlando staff and laid off its top local executive last fall as part of a companywide downsizing. In early January, Atlanta-based CredAbility was absorbed in a merger...
  • Men's Wearhouse launches hostile takeover of Jos A. Bank

    Men's Wearhouse launches hostile takeover of Jos A. Bank
    Men's Wearhouse moved Monday to pin Jos. A. Bank Clothiers in a corner with a hostile $1.6 billion bid for its smaller rival. With the offer of $57.50 cash for each of Hampstead-based Bank's outstanding shares, Men's Wearhouse is bypassing the retailer's...
  • Budget cutbacks spurring defense mergers

     Budget cutbacks spurring defense mergers
    With protracted federal budget cuts at the Pentagon and NASA on the horizon, aerospace companies across the nation are choosing to combine forces as they vie for fewer dollars and brace for the tough times ahead. In the first quarter of this year, there...
  • Naples Powerball winners come forward, claim $148M

    They didn't spend much time waiting around: The FlaMass Family Lottery Joint Venture claimed the $148.8 million jackpot prize for the Powerball drawing held on April 23. The partners of the joint venture are: Louis Centrella, 72, of Daytona Beach;...
  • Al Franken Asks Netflix to Chime in on Comcast-Time Warner Cable Merger

    Sen. Al Franken (D-Minn.), so far the most visible congressional opponent of the Comcast-Time Warner Cable merger, is asking Netflix to explain if it will mean the cable giant will have the "power and incentive" to act as a gatekeeper of traffic on the...
  • Employees step up to save Elkridge company

    Employees step up to save Elkridge company
    A paper-thin sheet of polyester thousands of feet long rolled about four miles an hour through a coating machine, filling the space at Elkridge Coating Technologies on Monday afternoon with a steady, low hum. It's the sound of chances taken, a business...
  • Study says airline mergers hurt customer satisfaction scores

    A national study on customer satisfaction suggests that passenger satisfaction ratings slump after airlines undergo a merger with another carrier. The nation's top airlines received a combined score of 69 on a 1-to-100 scale, below the average scores...
  • Comcast defends Time Warner Cable merger plan in FCC filing

    Comcast defends Time Warner Cable merger plan in FCC filing
    Comcast Corp., already the nation's largest cable and Internet provider, says it needs to get bigger to compete against the formidable giants of Silicon Valley. The Philadelphia-based cable behemoth said in a government filing Tuesday that its...
  • Proposed merger of ports of L.A., Long Beach 'fraught with political uncertainties'

    Proposed merger of ports of L.A., Long Beach 'fraught with political uncertainties'
    Citing a drop in market share by the busiest port complex in the U.S., the Los Angeles 2020 Commission has issued a recommendation to merge the ports of Los Angeles and Long Beach, an idea likely to revive tensions between the rival seaports. The...
  • Comcast and Time Warner Cable tell Congress: We'll be good -- promise!

    Comcast and Time Warner Cable today brought their road show to the U.S. Senate, trying to prove that their proposed $40-billion merger will bring fabulous service to consumers, create new competition and, one would think, end the stalemate over the...
  • Comcast, TW Cable Execs Grilled By Skeptical Senators at Merger Hearing

    Senators grilled Comcast and Time Warner Cable executives on an array of competitive concerns over their proposed merger at a Capitol Hill hearing on Wednesday, but one of the most frequently asked questions was very simple: Will consumers see higher...