Brookstone Company, Inc. announced that it has signed a Letter of Intent with Bluestar Alliance, LLC to acquire the brand assets of the company and to serve as a stalking horse bidder in Brookstone's Chapter 11 restructuring. In addition, the...
Read Story
September 10, 2018, 08:01 AM
|
Brookstone Company, the iconic mall retailer, announced it has begun the process of closing the company’s remaining 101 locations and is seeking a buyer for the firm. The company cited the "continued deterioration of traditional retail mall traffic"...
Read Story
August 03, 2018, 08:00 AM
|
B. Riley Financial, Inc. announced that Perry Mandarino has joined B. Riley & Co., LLC to form its newly created Restructuring Solutions team and will serve as Senior Managing Director and Head of Corporate Restructuring. Mandarino brings over 28...
Read Story
February 23, 2016, 07:55 AM
|
Gordon Brothers Finance Company (GBFC), a specialty-lending business that originates senior secured Tranche B loans to middle market companies, announced it has funded $115 million of deals, over 90 days between May and August. GBFC was launched in...
Read Story
October 19, 2015, 07:57 AM
|
GE Capital, Corporate Retail Finance is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility. The financing will be used to support the company’s recent acquisition by Sailing...
Read Story
July 22, 2014, 07:46 AM
|
Multi-channel retailer Brookstone, Inc. ("Company") announced that Sailing Innovation (US) Inc., a consortium led by Sailing Capital Overseas Investment Fund, LP, along with a financing commitment from GE Capital, has been selected as the winning...
Read Story
June 04, 2014, 07:38 AM
|
Innovative product development company and multi-channel lifestyle retailer Brookstone, Inc. announced that it has filed for relief under Chapter 11 in the United States Bankruptcy Court ("Court") for the District of Delaware and has entered into a...
Read Story
April 04, 2014, 07:29 AM
|
Brookstone, Inc. announced that it is working toward an agreement with Spencer Spirit Holdings to acquire the company. In order to facilitate the sale, the company, with the support of holders of its outstanding bonds, is contemplating filing a...
Read Story
March 28, 2014, 07:09 AM
|
UPI reports U.S. retailer Brookstone Inc., which specializes in top-end gadgetry, said it was considering bankruptcy while negotiating deals to sell the company.The retail chain is about $200 million in debt according to a Wall Street Journal article...
Read Story
February 18, 2014, 07:33 AM
|
In its second quarter earnings release, Brookstone announced that it has entered into an amended banking facility with Wells Fargo Capital Finance, part of Wells Fargo & Company, which will provide up to $25 million of additional availability as the...
Read Story
August 14, 2013, 07:29 AM
|