Search results for "bankruptcy"

February 18, 2013
US: Divestments couldn’t rescue drowning Reader’s Digest

Reader’s Digest is reportedly filing for bankruptcy, the second time the company has done so in the last four years, despite an executive shakeup and various divestments to repay debts....


February 14, 2013
US: The rumors were true – $11B merger to create...

The news reported earlier by CPI concerning a merger that would create the world’s largest airline appears to be true. A deal has reportedly been reached between American and US...


February 11, 2013
Out With the Old, In With The New

Peter Drucker, the father of modern management and perhaps the most influential thinker on that subject once said, “If you want something new, you have to stop doing something old.”...


January 30, 2013
Couponing Gets Fashionable In 2013?

You might associate couponing with 60s housewives or a certain TLC show, but couponing is set to get big in 2013. The emergence of mobile couponing combined with a widespread...


January 29, 2013
US: Has Hostess finally found new owners?

A source close to the matter says private equity firms Apollo Global Management and C. Dean Metropoulos & Co are close to finalizing a deal to buy Hostess Brands Inc,...


January 15, 2013
US: Previously unknown deal between US Airways, AA comes to...

A previously unheard of proposal made by US Airways Group to AMR Corp – parent company of American Airlines – has recently come to light from unnamed sources. The merger,...


January 10, 2013
US: Wisconsin dairy closing leads to over 100 job cuts,...

An 83-year-old dairy in Wisconsin is closing, resulting in a loss of 113 jobs, and reports are attributing its filing for Chapter 7 bankruptcy in Delaware back to antitrust legislation....


January 07, 2013
Israel: Requested oil merger may bring relief to ATP’s debt...

Oil and gas producer Isramco Ltd. has reportedly requested to buy the rights of ATP Oil & Gas Corporation, currently under bankruptcy protection, for more than $40 million. Due to...


November 19, 2012
U.S.: Bimbo out, Hostess’ future buyer remains a mystery

Despite misconceptions that Bimbo SAB is a likely buyer of the bankrupt Hostess, Bimbo CEO Gregory Rayburn said in a television interview that the deal would “never happen” due to...