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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Jul 22, 2016, 09:30 ET Deere announces factory workforce adjustments

 Deere & Company (NYSE: DE) today has informed approximately 120 production employees at John Deere Harvester Works in East Moline,...


Jul 21, 2016, 15:31 ET Commercial Vehicle Group Announces Facility Closures in Connection with Restructuring Plan

 Commercial Vehicle Group, Inc. (the "Company") (Nasdaq: CVGI), a leading supplier of fully integrated system solutions for the global...


Jul 20, 2016, 15:08 ET C&J Energy Services Commences Voluntary Reorganization Under Chapter 11 Of The US Bankruptcy Code

 C&J Energy Services Ltd. (NYSE: CJES) ("C&J" or the "Company") today announced that it has commenced cases for a voluntary...


Jul 19, 2016, 17:18 ET Metaldyne Performance Group to Consolidate Brands

Metaldyne Performance Group, Inc. (NYSE: MPG), a leading provider of highly engineered components for use in powertrain and suspension...


Jul 19, 2016, 14:15 ET Southern Company subsidiaries announce leadership changes

 Southern Company today announced executive leadership changes involving several of its subsidiaries, effective July 30. John G. Trawick has...


Jul 13, 2016, 13:00 ET Skal International USA Restructures Board Positions By 90 Percent of Delegates Vote During June Annual General Meeting in Boise, Idaho

 Skål International USA, the only international organization bringing together sectors of the travel and tourism industry while...


Jul 12, 2016, 08:30 ET MediaTechnics to spin off BlazeNow in shareholder dividend, intends to take BlazeNow public. Recreational marijuana on California ballot.

LAS VEGAS, July 12, 2016 /PRNewswire/ - MEDIATECHNICS CORPORATION (OTC: MEDT) is pleased to announce today that it intends to spin off...


Jul 11, 2016, 16:15 ET Universal Corporation Announces Change in Hungarian Operations

Universal Corporation (NYSE: UVV) today announced that its subsidiary, Universal Leaf Tobacco Hungary Pte. Ltd., will discontinue the processing of...


Jul 11, 2016, 12:00 ET Southern Company unveils new brand

 As Southern Company (NYSE: SO) expands its business model to increase its natural gas presence, the company today unveiled a new corporate...


Jul 08, 2016, 21:23 ET C&J Energy Services Enters Into Restructuring Support Agreement With Key Creditors

C&J Energy Services Ltd. (NYSE: CJES) ("C&J" or the "Company") today announced that it has entered into a Restructuring Support Agreement...


Jul 07, 2016, 17:19 ET New Gulf Resources Emerges from Bankruptcy Poised for Growth

 New Gulf Resources and certain subsidiaries ("NGR" or the "Company") completed its financial restructuring and emerged from Chapter 11 on May...


Jul 01, 2016, 12:28 ET Raytheon and Thales modify ThalesRaytheonSystems joint venture structure

Raytheon Company (NYSE: RTN) and Thales (Euronext Paris: HO) have reached an agreement and concluded the transaction to transition the stakeholder...


Jul 01, 2016, 09:22 ET Syncora Holdings Ltd. And Subsidiaries Enter Into A Transaction Support Agreement With Surplus Noteholders And SHL Preferred Shareholders

 Syncora Holdings Ltd. ("SHL" and, together with its subsidiaries, the "Company") and its wholly-owned subsidiaries, Syncora Holdings US...


Jun 30, 2016, 19:01 ET IBT Media Announces Business Restructuring

 IBT Media, a privately held publishing firm that owns Newsweek, the International Business Times, and several other publications today is...


Jun 30, 2016, 18:21 ET Golub Capital Provides One-Loan Debt Facility To Support The Majority Recapitalization Of Parts Town By Berkshire Partners

Golub Capital announced today that as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, it provided GOLD financing to support the...


Jun 30, 2016, 17:01 ET Hertz Global Holdings Receives $2 Billion Proceeds From Separation of Equipment Rental Business

Hertz Global Holdings, Inc. (NYSE: HTZ) is receiving proceeds of approximately $2 billion from the previously announced separation of its equipment...


Jun 30, 2016, 17:00 ET Pacific announces restructuring update and CCAA Creditors' Meeting Order

TORONTO, June 30, 2016 /PRNewswire/ - Pacific Exploration & Production Corp. is pleased to provide an update with respect to its...


Jun 29, 2016, 23:59 ET Triangle USA Petroleum Corporation Commences Restructuring With Strong Support From Majority of Noteholders

Triangle USA Petroleum Corporation ("TUSA") and its affiliates today filed voluntary petitions for relief under Chapter 11 of the United...


Jun 29, 2016, 17:08 ET Comerica Announces Results Of Federal Reserve's Review Of 2016 Capital Plan

 Comerica Incorporated (NYSE: CMA) today announced that the Federal Reserve has completed its 2016 Comprehensive Capital Analysis and Review...


Jun 29, 2016, 12:08 ET Validian Closes Another Important Refinancing, Further Improves Balance Sheet

Validian Corp. (OTCQB: VLDI), a leading innovator in cyber security technology, today is pleased to announce that the Company has closed another...


Jun 24, 2016, 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...