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

Sep 15, 2020, 14:59 ET School Specialty, Inc. Finalizes Recapitalization and Sale of Business

School Specialty, Inc., a leading provider of educational products and services to the Pre-K- 12th grade market in the U.S. and Canada., today...


Sep 15, 2020, 09:00 ET Valaris plc Announces Expiration of Joinder Period

Valaris plc (OTC: VALPQ) ("Valaris" or the "Company") today announced that the joinder period under its Restructuring Support Agreement (the "RSA")...


Sep 15, 2020, 09:00 ET Venture Café New England Appoints New President and Announces Rebrand

Venture Café New England, a tax-exempt 501(c) (3) non-profit which has championed small businesses and aspiring entrepreneurs by providing free...


Sep 15, 2020, 08:11 ET SnackNation Is Now Caroo, the Employee Care and Gifting Platform for the Flexible Enterprise

Today SnackNation evolves beyond snacks and unveils its new brand - Caroo, the world's first software-enabled Employee Care platform for today's...


Sep 14, 2020, 06:30 ET Western Midstream Announces Board, Management Transitions

Today Western Midstream Partners, LP (NYSE: WES) ("WES") announced a re-composition of the board of directors (the "Board") of Western Midstream...


Sep 14, 2020, 06:00 ET /R E P E A T -- The Two Leading Proxy Advisory Firms Unanimously Recommend Shareholders Vote Against the Calfrac Management Transaction/

Glass Lewis reverses their original recommendation and now both Glass Lewis and ISS recommend that Shareholders vote AGAINST the Management...


Sep 11, 2020, 18:47 ET The Two Leading Proxy Advisory Firms Unanimously Recommend Shareholders Vote Against the Calfrac Management Transaction

Glass Lewis reverses their original recommendation and now both Glass Lewis and ISS recommend that Shareholders vote AGAINST the Management...


Sep 11, 2020, 09:00 ET Calfrac Shareholders: There Are 26 Million Reasons to Vote Against the Management Transaction

Wilks reminds Calfrac shareholders to vote AGAINST the Management Transaction $0.18 per Calfrac share under Wilks' Premium Offer is far superior to...


Sep 11, 2020, 06:00 ET Hornbeck Offshore Completes Reorganization And Emerges From Chapter 11

Hornbeck Offshore Services, Inc. (the "Company") announced that on September 4, 2020 (the "Effective Date") the Company emerged from Chapter 11...


Sep 10, 2020, 13:00 ET J.Crew Group Successfully Emerges From Financial Restructuring Process Positioned for Sustainable and Profitable Growth

J.Crew Group (the "Company") today announced that it has successfully completed its financial restructuring process and emerged from Chapter 11 well...


Sep 10, 2020, 07:30 ET Turquoise Hill announces an update on funding discussions with Rio Tinto

MONTREAL, Sept. 10, 2020 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") is today providing an update on...


Sep 04, 2020, 19:40 ET CEC Entertainment Secures Plan Support Agreement, $200 Million of Debtor-In-Possession Financing; Chuck E. Cheese, Peter Piper Pizza Continuing to Serve Guests as Company Continues Marketing Process to Explore Going Concern Sale, Value-Maximizing Transaction

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


Sep 04, 2020, 16:13 ET Neiman Marcus Group Receives Court Approval of Reorganization Plan

The U.S. Bankruptcy Court for the Southern District of Texas, Houston Division today issued a ruling confirming Neiman Marcus Group LTD LLC's (the...


Sep 02, 2020, 16:15 ET Sabre Corporation Completes Readjustment of Capitalization

Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced that, as part of its ongoing proactive response to the impact on its business of the...


Sep 02, 2020, 16:07 ET Group 1 Automotive Completes Redemption of All Outstanding 5.000% Senior Notes Due 2022

Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today announced that it has...


Sep 02, 2020, 02:48 ET Immunovia Announces Management Team Changes

Immunovia AB (publ) ("Immunovia") a near-commercial stage diagnostics company developing ground-breaking antibody-based multiplex microarray...


Sep 01, 2020, 09:00 ET Finacity Program Supports Pyxus International Inc. as Company Finalizes Reorganization

Pyxus International, Inc. ("Pyxus"), a client of Finacity Corporation ("Finacity"), successfully completed its reorganization in only 70 days....


Aug 31, 2020, 16:20 ET Bruin E&P Partners, LLC: Notice of Completion of Comprehensive Restructuring

Bruin E&P Partners, LLC and its subsidiaries ("Bruin" or the "Company"), an exploration and production company with assets in the Williston Basin,...


Aug 31, 2020, 13:33 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...


Aug 31, 2020, 09:40 ET Triangle-Based Commercial Real Estate Firm Reinvents Itself and Reveals New Vision for the Future

A renowned commercial real estate firm with a 30-year history in the Triangle market today announced its new brand and vision for the future along...


Aug 31, 2020, 07:30 ET ALTEN Calsoft Labs rebrands its business name as ACL Digital to represent and reemphasize its capabilities in the digital ecosystem

As part of a re-branding initiative, ALTEN Calsoft Labs has unveiled "ACL Digital" as its new brand name and logo to reflect its alignment to take...


Aug 30, 2020, 08:45 ET Avianca Holdings S.A. Issues Statement on Debtor-in-Possession Financing and Government of Colombia Financing Commitment

Avianca Holdings S.A. (OTCMKTS: AVHOQ, BVC: PFAVH) (the "Company" or "Avianca") today issued a statement regarding the Company's expected...


Aug 27, 2020, 17:32 ET EP Energy Corporation Amended Restructuring Plan Confirmed by Court

EP Energy Corporation ("EP Energy" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of Texas (the...


Aug 25, 2020, 17:30 ET Bed Bath & Beyond Inc. Announces Next Steps In Accelerated Restructuring Plan

Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced a major realignment of its organizational structure, estimated to generate future annual...


Aug 24, 2020, 19:17 ET Pyxus International, Inc. Successfully Completes Financial Restructuring

Pyxus International, Inc. ("Pyxus" or "the Company"), a global value-added agricultural company, announced today that the Amended Joint Prepackaged...