Posts by Offit Kurman
Distressed retailer Party City seeks to cut debt with bond deal
The deal will cut the company’s debt by about $450 million and raise $100 million of new capital.
Read MoreSony funding arm invests in MagicCube technology
Sony has invested in digital transaction security firm MagicCube, citing it as the Sony Innovation Fund’s first investment outside of…
Read MoreM&A wrap: Sanofi, PNC Financial, Le Pain Quotidien, Novavax , Accel-KKR, Coinbase, Carnival
Sanofi and PNC sell stakes in other companies. Coronavirus forces bakery chain Le Pain into bankruptcy. Deal news from Accel-KKR…
Read MoreWith M&A dead, Wall Street bankers keep busy with stock sales
Wall Street bankers are a lot less busy these days, what with the pandemic-induced drop-off in mergers and acquisitions and…
Read MoreBakery chain Le Pain Quotidien’s U.S. arm files bankruptcy
The chain’s sales were slipping amid heavy competition and lack of investment in its stores even before the Covid-19 pandemic…
Read MoreWhy cruise lines are raising capital to stay afloat during pandemic
The coronavirus has forced Carnival and other operators to sit idle and not board any passengers, as the hospitality and…
Read MoreKKR will invest $1 billion to build data centers in Europe
Data centers are drawing increasing interest from private equity firms as more companies outsource the storage of vast information sets…
Read MorePress Release: European restructuring and bankruptcy data now available on Debtwire
Article Type: News & Press Releases Acuris news analysis and scoops are quoted on a daily basis by major publications, on…
Read MoreFind a buyer or a new CEO? What’s next for Texas Capital
The Dallas bank appears to be at a crossroads after its merger with Independent Bank Group was called off Tuesday.
Read MoreCoronavirus crisis forces banks to scuttle merger plans
At least four pending deals have been canceled since the economy was locked down to slow the pandemic’s spread. With…
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