Restructuring & Recapitalization Business development news stories are included in this section, with emphasis on corporate entities that are planning for, or currently undergoing restructuring or recapitalization efforts.

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12:20 ET Nordstrom To Close Horton Plaza Store In San Diego, California

 Nordstrom today announced plans to close its Horton Plaza Store in San Diego. Originally opened in 1985, the store will serve customers...


Jun 23, 2016, 16:40 ET XL Group plc Shareholders Approve Redomestication to Bermuda from Ireland

XL Group plc ("XL" or the "Company") (NYSE: XL) announced today that its ordinary shareholders have approved a scheme of arrangement that will...


Jun 23, 2016, 11:34 ET Verso's Plan of Reorganization Confirmed by Bankruptcy Court

Verso Corporation (OTCPink: VRSZ) today completed another important step toward its emergence from bankruptcy when its Chapter 11 plan of...


Jun 22, 2016, 13:30 ET Cascades announces the closure of its Auburn plant

KINGSEY FALLS, QC, June 22, 2016 /PRNewswire/ - Cascades Inc. (TSX: CAS), a leader in recovery and in the manufacturing of green packaging and...


Jun 21, 2016, 07:11 ET Brown Gibbons Lang & Company (BGL) Announces the Recapitalization of DeBusk Services Group

 Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, is pleased to announce the recapitalization of DeBusk...


Jun 17, 2016, 12:15 ET Pacific da a conocer cierta información financiera estimada

Pacific Exploration & Production Corporation ("Pacific" o la "compañía") anunció hoy que en relación con su...


Jun 13, 2016, 08:30 ET PCSV Announces $1.8MM debt restructure

 PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of...


Jun 10, 2016, 13:50 ET Aéropostale, Inc. Receives Final Approval For $160 Million In DIP Financing

 Aéropostale, Inc. (OTC Pink: AROPQ), a specialty retailer of casual apparel for young women and men, today announced that the United...


Jun 10, 2016, 12:05 ET Grupo Colombo Anuncia Restruturação Financeira

A Q1 Comercial de Roupas S.A. ("Grupo Colombo" ou "GC"), um dos principais varejistas do Brasil, com foco em moda masculina e cerca de 400 lojas em...


Jun 10, 2016, 11:49 ET Grupo Colombo Announces Financial Restructuring

 Q1 Comercial de Roupas S.A. ("Grupo Colombo" or "GC"), Brazil's leading retailers with a focus on menswear, with approximately 400 stores...


Jun 08, 2016, 18:30 ET Boston Scientific Announces Restructuring Program to Support Long-Term Growth and Innovation

 Boston Scientific Corporation (NYSE: BSX) today announced a global restructuring program to build on the progress the company has made in...


Jun 08, 2016, 11:00 ET PHIND Makes Game-Changing Move Into Real Time Data, Becoming the Waze for Places

 In just 12 months of being voted the Battlefield Wildcard Winner at TechCrunch Disrupt in New York, PHIND has released a game-changing update...


Jun 06, 2016, 08:30 ET Hertz Global Holdings Board of Directors Approves Separation of Car Rental and Equipment Rental Businesses and Sets Record Date

 The board of directors of Hertz Global Holdings, Inc. (NYSE: HTZ) has formally approved the previously announced separation of its car rental...


May 27, 2016, 12:17 ET BioNitrogen Holdings Corp. Achieves Further Major Milestones

BioNitrogen is pleased to announce a number of milestone events in its proposed path to restructure and reorganize under Chapter 11. On May 24,...


May 27, 2016, 10:32 ET Deloitte Corporate Finance LLC advises Global Software, Inc. in its majority recapitalization with Thompson Street Capital Partners

 Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Global Software, Inc. (Global Software or the Company) in its...


May 27, 2016, 08:24 ET Pacific da a conocer actualización sobre la reestructuración, aprobación de resolución consensual con la IFC y aprobación del tribunal de la CCAA para prorrogar la suspensión de los procesos

Pacific Exploration & Production Corp. se complace en brindar una actualización con respecto a su transacción de...


May 27, 2016, 08:00 ET Hercules Offshore, Inc. Announces Transfer of Hercules Highlander and Execution of Restructuring Support Agreement

 Hercules Offshore, Inc. (Nasdaq: HERO) (the "Company" or "Hercules") today announced, following a review of its strategic alternatives led by...


May 26, 2016, 19:43 ET Pacific announces restructuring update, approval of consensual resolution with IFC and CCAA court approval of stay of proceedings extension

TORONTO, May 26, 2016 /PRNewswire/ - Pacific Exploration & Production Corp. is pleased to provide an update with respect to its...


May 26, 2016, 16:15 ET MusclePharm Corporation Announces More Than $45 Million in Future Commitments Trimmed To Date

 MusclePharm Corporation (OTCQB: MSLP) ("MusclePharm" or the "Company"), a scientifically-driven, performance lifestyle sports nutrition...


May 25, 2016, 17:05 ET SquareTwo Financial Announces Early Settlement of Exchange Offer and Implementation of Recapitalization Plan

SquareTwo Financial Corporation ("SquareTwo" or the "Company"), a leader in the distressed asset purchasing market in the United States and Canada,...


May 25, 2016, 10:30 ET Cetera Financial Group Completes Transformation into Independent, Privately Held Organization Singularly Focused on Supporting Financial Advisors and Financial Institutions

 Cetera Financial Group ("Cetera" or "the Company")*, a leading network of independent broker-dealer firms, today announced that it has...


May 24, 2016, 17:09 ET Going-Out-Of-Business Sales To Start Thursday, May 26th At All 450 Sports Authority Stores Nationwide

 The joint venture of Gordon Brothers Group, Hilco Merchant Resources, and Tiger Capital Group, announced today that they will commence...


May 24, 2016, 08:00 ET Bertram Capital Completes Majority Recapitalization of Paula's Choice

 Bertram Capital ("Bertram") today announced it has completed a majority recapitalization of Paula's Choice with TA Associates, a Boston based...


May 23, 2016, 17:22 ET Northern Power Systems Concludes Strategic Review of Business; Determines to Pursue Strategic Alternatives for its Utility Scale Wind Business

 Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, today announced that, after extensive...


May 23, 2016, 12:02 ET Sudler New York Announces Agency Restructure

 Sudler New York, part of the S&H Group, one of the leading global healthcare communication networks, has reorganized, with the goal of...