By Steven Brown : Months ago, there were talks about Advanced Micro Devices, Inc. ( AMD ) going bankrupt . The speculation was not without basis. After all, it was only a year ago when the semiconductor company lost more than $1
traded on a stock exchange instead of through traditional bond exchange outlets. However, this debt is like any other debt and accrues the same rights and obligations. It is subordinated so in the event of a bankruptcy Complete Story »
(Reuters) - Private equity firm Centerbridge Partners LP has reached a tentative deal to buy bankrupt telecommunications firm LightSquared Inc for $3.3 billion, the Wall Street Journal reported on Wednesday, quoting people familiar with the matter.
Dec 11 (Reuters) - Private equity firm Centerbridge Partners LP has reached a tentative deal to buy bankrupt telecommunications firm LightSquared Inc for $3.3 billion, the Wall Street Journal reported on Wednesday, quoting people familiar with the matter.
NEW YORK, Dec 11 (Reuters) - Ben Wootton was just getting ready to bring his company out of bankruptcy last month when word from Washington stopped him in his tracks.
The WSJ reports distressed investment firm Centerbridge Partners has reached a tentative deal to buy bankrupt LightSquared's spectrum, GPS interference concerns and all, for $3.3B. Centerbridge will reportedly assume $1.7B worth
3% ) doesn't owe $450M in medical benefits for Delphi Automotive retirees which it contracted for before it filed for bankruptcy , according to a new ruling. Though GM won the case, the judge did hint that the automaker might have a "moral obligation
* Mortgage company on track to exit bankruptcy by year's end
institutional investors, as it seeks to boost its financial position and operational efficiencies. Having acquired assets of the Bankrupt ECOtality, CarCharging Group is now the world's largest provider of electric vehicle charging services. The $10M will
(Reuters) - Advantage Rent A Car said it picked Canadian private equity Catalyst Capital Group Inc to buy its assets in bankruptcy proceedings and reached a deal with Hertz Global Holdings Inc that allows Advantage to continue using a leased vehicle fleet.