Bankruptcy

Big Lots Holds Liquidation Sales, Analyst Pegs Competitor As Major Beneficiary: 'Market Share Capture Opportunity'

Comfort Food Comeback: How Mina Haque Plans To Make Tony Roma's Sizzle Again

Deal Dispatch: Ubisoft In Buyout Talks, Dental Supplier Explores Sale, Beloved Drive-Through Goes Bankrupt

Comfort Food Comeback: How Mina Haque Plans To Make Tony Roma's Sizzle Again

Deal Dispatch: Ubisoft In Buyout Talks, Dental Supplier Explores Sale, Beloved Drive-Through Goes Bankrupt

Deal Dispatch: Stoli On The Rocks As US Business Goes Bankrupt, Ally Financial To Sell Credit Card Unit

Peter Schiff Calls MicroStrategy A 'Great Short' And Issues A Grim Warning: 'It Can Only End In Bankruptcy'

Deal Dispatch: Stoli On The Rocks As US Business Goes Bankrupt, Ally Financial To Sell Credit Card Unit

Peter Schiff Calls MicroStrategy A 'Great Short' And Issues A Grim Warning: 'It Can Only End In Bankruptcy'

Deal Dispatch: Starbucks Considers China Sale, Private Equity Bankrupts Snack Company, Darwin Financial Talks Mining

Deal Dispatch: Shell, Unilever And More Are On The Sell Side; The Onion Makes Alex Jones Cry Foul

Bankruptcy Recent News

Joke's On Jones: Onion, Backed By Families Of Sandy Hook Victims, Buys Info Wars

The Onion peels away at Alex Jones's media company, strips it from the right-wing extremist's ownership at a bankruptcy auction.

Deal Dispatch: Prison Companies In Focus Post-Election, Tripadvisor Boasts $11B In Cash

Wellpath, a healthcare service for prisoners, is going bankrupt. Meanwhile, Geo Group and CoreCivic reacted positively to the election.

Deal Dispatch: TGI Fridays Goes Bankrupt, BHP Backtracks Comments And More M&A News

PE-owned TGI Fridays is looking for a bankruptcy deal, while ConocoPhillips and DigitalBridge Group seek to sell assets.

Deal Dispatch: UFC, WWE Parent TKO Takes On Bull Riding; Endeavor Looks To Sell Tennis; Another Car Company Goes Bankrupt

IMG tennis assets are on the auction block. The announcement came after TKO inked a deal with Endeavor for Professional Bull Riders.

Deal Dispatch: Altus Power, Motorsport Games Explore Options, True Value Goes Bankrupt, M&A Activity Lags

S&P Global's Joe Mantone puts the latest M&A data in perspective and how deal pros might react post-Election Day.

Spirit Airlines Extends Debt Deadlines, JetBlue Founder Suggests Frontier Group A More Suitable Match

Spirit Airlines extends its debt deadlines amid bankruptcy speculations, while JetBlue's founder argues that Frontier would have been a better match after their failed merger.

Spirit Airlines Struggles To Regain Altitude As Competitors Soar, Bankruptcy Concerns Intensify

Spirit Airlines (SAVE) is struggling with financial troubles and fast-tracking the retirement of its Airbus A319 fleet, raising concerns for investors about a potential bankruptcy as competitors in the airline industry soar.

California Cannabis Company StateHouse Holdings Enters Bankruptcy, Halts Trading On Canadian Securities Exchange

StateHouse Holdings files for bankruptcy, halts trading on the CSE, and faces receivership amid mounting debts, marking a pivotal moment for the cannabis company.

Spirit Airlines Bankruptcy Chatter Has Critics Blaming Biden: Here's What History Shows About Carrier Mergers

Precedent shows that a deal with JetBlue wouldn't have been a safety net for Spirit as most major airline mergers lead to job losses.

Spirit Airlines Drops Over 40% Amid Bankruptcy Discussions

Spirit Airlines Inc. (NYSE: SAVE) experienced a significant drop of over 40% in pre-market trading on Friday. This decline follows reports of the airline engaging in bankruptcy talks with bondholders.

Spirit Airlines Engages In Bankruptcy Talks Amid Financial Struggles: Report

Spirit is considering a Chapter 11 filing as it grapples with significant financial challenges. The airline is also looking into restructuring its balance sheet through an out-of-court transaction. However, recent discussions have primarily focused on securing an agreement with bondholders and creditors to support a bankruptcy filing.

Elon Musk Says America 'Headed For Bankruptcy' As National Debt Skyrockets $204B In A Day

Federal debt increased by $204 billion in the new fiscal year, jumping to new record of $35.669 trillion.

Tupperware Seeks Bankruptcy Protection As Demand For Its Colorful Containers Fades In The E-Commerce Era

Tupperware Brands has filed for Chapter 11 bankruptcy, citing declining demand for its products and a lack of modern e-commerce strategy.

US Loses Out To South Korea Over Extradition Of Terraform Labs' Do Kwon

Do Kwon, the disgraced co-founder of Terraform Labs, is set to be extradited from Montenegro to South Korea, as per a court ruling. The decision rejects a U.S. extradition request.

Online Education Pioneer 2U Files For Chapter 11 Bankruptcy, Assures No Service Disruption Amid Debt Crisis

2U Inc., a prominent online education company, has filed for Chapter 11 bankruptcy protection. The Maryland-based firm has been grappling with mounting debt and intensified competition.

Corporate Bankruptcies Hit A High In June: Is The US Economy Slowing? (UPDATED)

The US economy is slowing and companies are struggling due to high interest rates. Corporate bankruptcies in June were the highest since early 2020.

Saks Fifth Avenue's Parent Company To Buy Neiman Marcus For $2.65B, With Amazon's Help: Report

The parent company of Saks Fifth Avenue has reportedly agreed to acquire its rival Neiman Marcus for $2.65 billion. The deal, which is expected to be announced imminently, will see the involvement of Amazon.com Inc.

Walgreens Plans 'Significant' Store Closures As It Faces 'Difficult Operating Environment'

Major US pharma chain Walgreens to close undisclosed number of stores due to headwinds, CEO acknowledges challenges. Rite Aid also faces bankruptcy.

Marques Brownlee Mourns Fisker's Bankruptcy: 'Need More Competition In The EV Space, But This One Never Made It Over The Hill'

Marques Brownlee, the prominent tech YouTuber known as MKBHD, expressed his disappointment over the bankruptcy of Fisker Inc., underlining the need for more competition in the electric vehicle sector.

Fisker's Bankruptcy Leaves Investors Asking Hard Questions About EV Viability

EV manufacturer Fisker filed for bankruptcy due to cash flow and manufacturing issues. Other EV makers like Tesla, Rivian, and Lucid may also face challenges.

The Craziest Parts Of The Red Lobster Bankruptcy Story Revealed

Red Lobster, once the world's biggest seafood chain, filed for Chapter 11 bankruptcy. Mismanagement, leadership changes, and shady deals contributed.

Genesis Global To Return $3B In Cryptocurrency, Cash To Customers After Court Approval: Report

Genesis Global approved to return $3B in cash and crypto to clients, leaving owner DCG with no recovery from bankruptcy.

FTX To Pay Back Customers In Full, With Interest, As It Amasses Billions In Cash: 'This Is Just An Unbelievable Result,' Says CEO

FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022, has accumulated a substantial cash reserve, allowing it to fully reimburse its customers.