Corporate Organizational Restructuring

Shari Redstone's National Amusements Strikes Deal With Lenders

The family holding company agreed to partial debt paydowns and higher interest rates. Source link

1 year ago

China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring

China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,…

1 year ago

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles

CEO says news publisher is in talks with AI companies to establish the value of its content. Source link

2 years ago

WeWork Taps Directors With Bankruptcy Chops After Board Resignations

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three…

2 years ago

Bud Light Brewer Lays Off Hundreds of U.S. Workers

Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Source link

2 years ago

Netflix Reworks Microsoft Pact and Lowers Ad Prices

The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source…

2 years ago

Carvana Strikes Deal to Avert Cash Crunch

The used-car seller will sell stock and pledge assets to back new debt. Source link

2 years ago

China's Ant Group Slapped With Nearly $1 Billion Fine

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer…

2 years ago

Lazard Fires Top Restructuring Banker Accused of Harassing Employees

Reid Snellenbarger is said to have acted inappropriately at a party he hosted over the weekend. Source link

2 years ago

NBCUniversal Entertainment Shake-Up Elevates Veteran Studio Chief

The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President…

2 years ago