Ashford Hospitality Trust secured a strategic financing commitment from funds managed by Oaktree Capital Management, L.P. to provide a $200 million senior secured term loan. In addition, the financing commitment can be upsized by $150 million to an...
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December 30, 2020, 08:29 AM
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Central Grocers, Inc. announced that the company and all of its subsidiaries have voluntarily elected to file for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The company intends to use...
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May 05, 2017, 07:14 AM
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Revlon, Inc. and Elizabeth Arden, Inc. announced that they have signed a definitive agreement under which Revlon will acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an enterprise value for...
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June 17, 2016, 08:01 AM
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Paragon Offshore announced that the company and certain of its subsidiaries have elected to commence proceedings under Chapter 11 of the United States Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court in the District of Delaware....
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February 16, 2016, 07:53 AM
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