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Mike Spector

Exclusive: Sears exploring sale of home improvement business

01 Jul 2020

NEW YORK Sears is exploring a sale of its home improvement business following interest from potential suitors such as private equity firms, people familiar with the matter said on Wednesday.

Exclusive: Chesapeake Energy to file for bankruptcy as soon as this week - sources

16 Jun 2020

NEW YORK Chesapeake Energy Corp is preparing to file for bankruptcy as soon as this week, said three people familiar with the matter, becoming the largest oil and gas producer to unravel after an energy market rout caused by the coronavirus outbreak. | Video

EXCLUSIVE-Chesapeake Energy to file for bankruptcy as soon as this week-sources

16 Jun 2020

NEW YORK, June 15 Chesapeake Energy Corp is preparing to file for bankruptcy as soon as this week, said three people familiar with the matter, becoming the largest oil and gas producer to unravel after an energy market rout caused by the coronavirus outbreak.

EXCLUSIVE-Chesapeake Energy to file for bankruptcy as soon as this week-sources

16 Jun 2020

NEW YORK, June 15 Chesapeake Energy Corp is preparing to file for bankruptcy protection as soon as this week, becoming the largest oil and gas producer pushed to the financial brink by this year's energy market rout caused by the coronavirus outbreak, according to three people familiar with the matter.

Saks Fifth Avenue owner seeks financing as virus crimps sales - sources

10 Jun 2020

Saks Fifth Avenue owner Hudson's Bay Company is preparing a bond offering to shore up its finances, the latest retailer to do so after the novel coronavirus pandemic forced widespread store closures, according to people familiar with the matter.

Saks Fifth Avenue owner seeks financing as virus crimps sales -sources

10 Jun 2020

June 10 Saks Fifth Avenue owner Hudson's Bay Company is preparing a bond offering to shore up its finances, the latest retailer to do so after the novel coronavirus pandemic forced widespread store closures, according to people familiar with the matter.

Cirque du Soleil creditors vie to take control of company: source

09 Jun 2020

Creditors of Cirque du Soleil Entertainment Group led by private equity firm Catalyst Capital Group Inc made an offer on Monday to take control of the circus company through a debt restructuring in Canada, a person familiar with the matter said.

Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources

06 Jun 2020

NEW YORK Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc out of bankruptcy should the U.S. department store chain's negotiations with its creditors fail, three people familiar with the matter said on Friday.

Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic

23 May 2020

NEW YORK The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief.

J.C. Penney has need for speed in bankruptcy, lawyer says

17 May 2020

J.C. Penney Co Inc needs to exit bankruptcy proceedings in just a matter of months to survive the unprecedented financial strain of prolonged store closures due to the COVID-19 pandemic, a lawyer for the iconic U.S. department store chain said during a court hearing on Saturday.

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