Apollo Global Management is reaching back into its playbook. The private equity investor has been buying up bonds of Claire’s Stores, the jewelry chain it acquired in 2007, Bloomberg News reported late Tuesday. It’s a move that lets Apollo better control the company’s fate, which has been bleak since the firm’s buyout saddled it with more…
KEARNEY A former Kearney Gaming employee is accused of gambling while on the clock and racking up a six-figure debt. Keegan K. Fitzgerald, 22, of Kearney is charged in Buffalo County Court with felony theft from Kearney Gaming LL… Read the full article at: http://www.theindependent.com/news/regional/kearney/fitzgerald-faces-charges-for-racking-up-k-in-gambling-debt/article_959f9b04-df17-599f-bd3f-b68cedb74244.html
Dive Brief: The Puerto Rico Electric Power Authority (PREPA), the U.S. territorys public utility and only electricity provider, has received approval from its governing board for a rate increase of $0.04/kWh to help underwrite of its $9 billion debt restructuring deal. If approved by the Puerto Rico Energy Commission (PREC), ratepayers will see a $0.013/kWh higher volumetric charge…
Former West Ham captain Lucas Neill has been declared bankrupt in the UK. The 95-cap Australian international earned a reported 40million AUD (£20million) during his playing career, which also included spells at the likes of Millwall, Blackburn Rovers, Everton and Galatasaray. According to a Daily Telegraph report in Australia, Neill, 38, had been involved in…
NEW YORK–(BUSINESS WIRE)–Cowen Group, Inc. (NASDAQ:COWN) (Cowen or the Company) today announced that Cowen and Company recently received two awards at the Global M&A Networks 8th Annual Turnaround Atlas Awards: Boutique Restructuring Bank of the Year Special Situation M&A Deal of the Year These awards honor the achievements of outstanding firms and professionals within the…