Bankruptcy

Deal Dispatch: Biden Punts TikTok Ban To Trump, Plus Another Legacy Retailer Goes Bankrupt
Deal Dispatch: Vera Bradley Is A Mixed Bag, Modell's Ex-CEO Explores Party City
Deal Dispatch: Party City Wraps Up, Big Lots Goes Bust, The Container Store Continues
Deal Dispatch: Vera Bradley Is A Mixed Bag, Modell's Ex-CEO Explores Party City
Deal Dispatch: Party City Wraps Up, Big Lots Goes Bust, The Container Store Continues
Deal Dispatch: Honeywell, Textron And Soho House Are Making M&A Moves
Big Lots Holds Liquidation Sales, Analyst Pegs Competitor As Major Beneficiary: 'Market Share Capture Opportunity'

Bankruptcy Recent News

Deal Dispatch: Stoli On The Rocks As US Business Goes Bankrupt, Ally Financial To Sell Credit Card Unit
The Container Store faces potential bankruptcy after failing to secure a $40 million financial deal and more M&A news from the week.
Peter Schiff Calls MicroStrategy A 'Great Short' And Issues A Grim Warning: 'It Can Only End In Bankruptcy'
Influential economist and market strategist Peter Schiff said shorting MicroStrategy Inc.’s (NASDAQ:MSTR) stock was a good idea, as he predicted potential bankruptcy for the company.
Deal Dispatch: Starbucks Considers China Sale, Private Equity Bankrupts Snack Company, Darwin Financial Talks Mining
Darwin Financial's Joshua Robinson talks to Benzinga about the firm's latest commodities deal, and more M&A news from this past week.
Deal Dispatch: Shell, Unilever And More Are On The Sell Side; The Onion Makes Alex Jones Cry Foul
Evolent Health, Kronos Bio, Saint-Gobain, Shell and Unilever are on the sell-side this week. Benzinga's Deal Dispatch has the latest M&A updates.
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.

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