Advertisements


Documents: Former billionaire reaches deal with creditors

Former billionaire real estate developer Tim Blixseth has reached a $3 million settlement to resolve claims he illegally pocketed hundreds of millions of dollars from a Montana resort for the superrich......»»

Category: topSource: foxnewsJan 12th, 2018

Former billionaire reaches $3 million deal with creditors

Former billionaire real estate developer Tim Blixseth has reached a $3 million settlement to resolve claims he illegally pocketed hundreds of millions of dollars from a Montana resort for the superrich......»»

Category: topSource: foxnewsJan 12th, 2018

Creditors seek bankruptcy for U.S. media entrepreneur Sillerman

WILMINGTON, Del. (Reuters) - Creditors of American media entrepreneur Robert F.X. Sillerman are seeking to force the onetime billionaire into bankruptcy to try and collect on a $7.36 million judgment against him, according to court documents......»»

Category: topSource: reutersDec 27th, 2017

Avaya Is One Step Closer to Exiting Bankruptcy

Reaches deal with creditors. A path has been cleared for telecommunications company Avaya to exit Chapter 11 bankr.....»»

Category: europeSource: fortuneAug 7th, 2017

GM Korea reaches tentative wage deal, avoids bankruptcy

SEOUL (Reuters) - General Motors Co's South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the money-losing operation......»»

Category: topSource: reuters14 hr. 30 min. ago

Xerox Says CEO Had Authority on Fujifilm Deal Talks

Xerox Corp. defended Chief Executive Jeff Jacobson against a billionaire shareholder’s accusations and said he had proper board authority to negotiate a deal with Fujifilm Holdings Inc......»»

Category: smallbizSource: wsjApr 19th, 2018

California reaches deal to send National Guard troops to the border to deal with crime

Getty Images/Sandy Huffaker California reached an agreement with the federal government that the state's National Guard troops will deploy to the border to focus on fighting transnational g.....»»

Category: topSource: businessinsiderApr 19th, 2018

Carl Icahn sells Tropicana Entertainment casinos for $1.85 billion

Billionaire investor Carl Icahn is selling his Tropicana Entertainment casino empire. The deal calls for Gaming .....»»

Category: topSource: usatodayApr 16th, 2018

Alibaba exec buys stake in Brooklyn Nets, will take over in 2021

Mikhail Prokhorov, owner of the Brooklyn Nets, has sold a minority interest in the NBA team to e-commerce billionaire Joseph Tsai. Terms of the deal — other than Tsai having an option to purchase a controlling stake in three years — remain undisclo.....»»

Category: topSource: bizjournalsApr 12th, 2018

Billionaire Ken Griffin Gives Chicago Police $10 Million to Fight Gun Violence

"No child, anywhere, should be afraid to walk to school or play outside." Billionaire Ken Griffin is giving $10 million to help Chicago police deal with gun violenc.....»»

Category: europeSource: fortuneApr 11th, 2018

Bayer reaches deal with U.S. for approval to buy Monsanto - WSJ

Bayer reaches deal with U.S. for approval to buy Monsanto - WSJ.....»»

Category: topSource: reutersApr 9th, 2018

Bayer reaches deal with U.S. for approval to buy Monsanto: WSJ

(Reuter.....»»

Category: topSource: reutersApr 9th, 2018

Vornado reaches "handshake" deal with Kushner Companies on 666 Fifth Avenue

Vornado Realty Trust has reached a "handshake" deal to sell back to Kushner Companies its stake in 666 Fifth Avenue, a financially distressed Manhattan office building......»»

Category: topSource: cnnApr 6th, 2018

Vorando reaches "handshake" deal with Kushner Companies on 666 Fifth Avenue

Vornado Realty Trust has reached a "handshake" deal to sell back to Kushner Companies its stake in 666 Fifth Avenue, a financially distressed Manhattan office building......»»

Category: topSource: moneyApr 6th, 2018

Nine West Bankruptcy Filing Is Imminent

As we initially anticipated less than three months ago, Reuters reports that Nine West Holdings - which has been in talks with its creditors over a possible deal to restructure its debt for months now - intends to file for bankruptcy, possibly as soon as.....»»

Category: blogSource: zerohedgeApr 6th, 2018

The Wall Street Journal: GE to Sell part of healthcare business to Veritas Capital for $1.05 billion

GE reaches a deal to sell part of its health-care information-technology business to private-equity firm Veritas Capital for $1.05 billion in cash......»»

Category: topSource: marketwatchApr 2nd, 2018

When you"re a billionaire, spending $174,349 on an Airbnb-style vacation rental is no big deal — and these pictures prove it"s probably worth it

Photo courtesy of Nota Bene Global Airbnb has changed the way many people travel, including billionaires.  Renting private villas has become increasingly popular among the wo.....»»

Category: topSource: businessinsiderMar 31st, 2018

Fortis-Manipal deal: Meet Ranjan Pai, who is strong medicine for expansion

Bengaluru-based Pai is a self-made billionaire - net worth: $1.89 billion as on March 28, according to Forbes.....»»

Category: topSource: business-standardMar 29th, 2018

CME Group reaches deal to acquire NEX for $5.5 billion

Futures trading giant CME Group reaches a deal to buy NEX Group, in a transaction valued at £10 ($14) a share......»»

Category: topSource: moneycentralMar 29th, 2018

Insolvency proceedings: Try out-of-court deal for Binani Cement, says NCLT

Tribunal tells committee of creditors to consider company's own higher offer.....»»

Category: topSource: business-standardMar 27th, 2018

Remington, the oldest U.S. gunmaker, files for Chapter 11 bankruptcy amid declining sales

In February, the company announced it had reached a deal with creditors to write off $700 million of its $950 million debt. Gun sales across the industry have dipped under President Trump......»»

Category: topSource: washpostMar 26th, 2018