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.

Latest

10:38 ET CEC Entertainment Secures Support from Official Committee of Unsecured Creditors and Ad Hoc Noteholder Group for Plan of Reorganization, Proceeds with Value-Maximizing Transaction After Achieving Global Consensus

CEC Entertainment, Inc. ("CEC" or the "Company"), a nationally recognized leader in family entertainment and dining, today announced that it has...


Oct 27, 2020, 09:26 ET Zcoin Unveils New Name: Firo

ZCoin (XZC) today announced a rebrand to the new name and ticker Firo (Fee-Roh) (XFR), which will be effective on November 30 when the mainnet...


Oct 27, 2020, 08:30 ET Restock Kroger Transformation Is Successfully Repositioning the Business to Create Sustainable Shareholder Value

The Kroger Co. (NYSE: KR) today will provide an update to investors on how its Restock Kroger framework has reinvented the company's business model...


Oct 26, 2020, 18:08 ET PREIT Lenders Grant Extension of Time to Achieve Out-of-Court Restructuring

PREIT (NYSE: PEI), a leading operator of diverse retail and experiential destinations, today reports that, as a result of progress made in...


Oct 23, 2020, 13:15 ET G.I. Sportz Inc. Announces Key Milestone in Restructuring Process

Receivership order establishes clear path for sale of business to Kore Outdoor MONTREAL, Oct. 23, 2020 /PRNewswire/ - G.I. Sportz Inc., a global...


Oct 23, 2020, 01:22 ET Asetek Launches Share Buyback Program to Cover Employee Stock Options

Asetek today announced the launch of a share buyback program. The share buyback will be conducted under the safe harbour provisions of EU Regulation...


Oct 22, 2020, 13:06 ET TrialCard Introduces New Corporate Brand Identity

TrialCard Incorporated, a pioneer in patient access, affordability, and adherence solutions for biopharmaceutical manufacturers, announced today the...


Oct 22, 2020, 09:44 ET Cygnus Capital, Inc. Calls Upon Ashford Hospitality Trust, Inc. to Terminate Highly Dilutive Exchange Offers and Seek Alternate Means of Restructuring

Cygnus Capital, Inc. (together with its affiliates, "Cygnus Capital"), one of the largest stockholders of Ashford Hospitality Trust, Inc. (the...


Oct 22, 2020, 08:36 ET Medicx Media Solutions Announces Name Change to Medicx Health

Medicx Media Solutions, a leading analytics driven healthcare marketing solutions company, announced today the company's name change to Medicx Health ...


Oct 22, 2020, 02:00 ET Voyager Creates European Regulated Agency Broker Through Merger with LGO in France

CSE: VYGR OTCQB: VYGVF Borse Frankfurt: UCD2 - Voyager to assume direct control of Regulated French Entity, LGO SAS, expediting Voyager's ability to...


Oct 20, 2020, 08:30 ET SinglePoint Restructures Toxic Debt with Existing Secured Convertible Promissory Notes, Eliminating Additional Conversions Under the Note, Positioning the Company for Long Term Growth Opportunity in Solar Industry building a National Solar Network

SinglePoint Inc. (OTC:SING) announces the Company has restructured two current secured convertible promissory notes (the "Notes") which eliminated a...


Oct 20, 2020, 07:30 ET Sunniva Announces Amended And Restated Initial Order Under A Court-Supervised Restructuring Proceeding And Engagement Of Financial Advisor

Sunniva Inc. ("Sunniva", the "Company") (CSE:SNN) (OTC Pink Sheets:SNNVF), announces it has obtained an amended and restated initial order (the...


Oct 19, 2020, 17:14 ET Libbey Announces Confirmation of Plan of Reorganization

Libbey Inc. (OTC: LBYYQ) ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, today announced that the U.S....


Oct 16, 2020, 18:34 ET TNT Successfully Completes Financial Restructuring

TNT Crane & Rigging, Inc. and certain of its affiliates ("TNT" or the "Company") today announced that the Company and certain subsidiaries have...


Oct 14, 2020, 15:03 ET KB US Holdings, Inc. Announces Auction Results

KB US Holdings, Inc., together with its debtor affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New...


Oct 13, 2020, 02:21 ET SDRL - Cleansing announcement - restructuring process

Certain of the new secured noteholders (the "NSNs") approached Seadrill Limited (the "Company") to discuss the possibility of extinguishing the...


Oct 12, 2020, 15:52 ET MD America Energy Enters into Fully Supported Restructuring Support Agreement

MD America Energy, LLC (the "Company" or "MD America"), a Texas-based oil and gas operating company, today announced that it has entered into a...


Oct 12, 2020, 00:12 ET Mallinckrodt Secures Broad Consensus with Key Stakeholders on Comprehensive Chapter 11 Restructuring

Mallinckrodt plc (NYSE: MNK) ("Mallinckrodt" or the "Company") today announced that it has voluntarily initiated Chapter 11 proceedings in the U.S....


Oct 09, 2020, 17:30 ET Hi-Crush Inc. Successfully Completes Restructuring, Emerges From Chapter 11 Bankruptcy

Hi-Crush Inc. (OTCMKTS: HCRSQ), ("Hi-Crush" or the "Company"), a fully-integrated provider of proppant logistics solutions, today announced that...


Oct 09, 2020, 08:00 ET Wilks Announces Filing of Notice of Variation for its Improved Premium Offer and Responds to Calfrac's Latest Attempt to Intimidate Shareholders

CISCO, Texas, Oct. 9, 2020 /PRNewswire/ - Wilks Brothers, LLC ("Wilks") today announced that, further to its October 5, 2020 announcement, its...


Oct 08, 2020, 19:10 ET BGL Announces the Recapitalization of G&A Partners by The Riverside Company

Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of G&A Partners (G&A), the preeminent professional employer...


Oct 08, 2020, 08:33 ET MultiPlan and Churchill Capital Corp III Announce Closing of Business Combination

Churchill Capital Corp III ("Churchill III") (NYSE: CCXX), a public investment vehicle, and the parent of MultiPlan, Inc. ("MultiPlan"), a leading...


Oct 08, 2020, 06:00 ET Barwa Bank rebrands into Dukhan Bank, eyes ambitious business and digital transformation

Marking the start of an exciting new banking journey, Barwa Bank, Qatar's leading banking player, announced its rebranding into Dukhan Bank,...


Oct 07, 2020, 08:00 ET Calfrac Shareholders: Both ISS and Glass Lewis Have Reaffirmed Recommendations to Vote AGAINST the Amended Management Transaction

CISCO, Texas, Oct. 7, 2020 /PRNewswire/ - Wilks Brothers, LLC ("Wilks") is pleased to announce that both leading independent proxy advisory firms,...


Oct 06, 2020, 16:40 ET Nuo Therapeutics Announces Recapitalization and Exchange Agreement that Simplifies Capital Structure

Nuo Therapeutics, Inc. (OTC Pink: AURX) ("Nuo" or the "Company"), today announced the closing of a recapitalization and exchange agreement between...