Latest News for: Asset restructure

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Major healthcare provider files for Chapter 11 bankruptcy

Aiken Standard 19 Nov 2024
CareMax files for Chapter 11 bankruptcy seeking a sale of its assets in an auction ... The debtor sought strategic alternatives such as an out-of-court restructuring and a prepetition sale of its assets, but opted for an in-court solution.
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Spirit Airlines Bankruptcy: Are Flights Canceled? What About Rewards? Your FAQs, Answered

The News & Observer 19 Nov 2024
Companies like Spirit elect to file for Chapter 11 bankruptcy protection in dire financial circumstances in order to restructure debts and reorganize the business ... The company said the restructuring ...
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Spirit Airlines to keep flying after filing for bankruptcy protection

Business Insider 18 Nov 2024
In an open letter to customers, the budget airline said people can continue to book tickets and fly as normal as it undergoes a financial restructuring ... It added that the restructuring aims to reduce debt and give travelers greater value.
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Huta Czestochowa – to be or not to be

GMK Center 18 Nov 2024
As part of the restructuring, companies with assets not related to steel production (e.g ... According to the restructuring plan, a large part of the debt was written off, and Huta Częstochowa S.A.
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Northern Ireland MPs and peers call for rethink of agricultural inheritance tax

AOL 18 Nov 2024
“Unlike other types of businesses, farming is asset-rich but often cash-poor, making inheritance tax liabilities particularly difficult to meet without significant restructuring, borrowing, or asset ...
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Distressed oil company files for Chapter 11 bankruptcy again

Aiken Standard 16 Nov 2024
13 with plans to sell its assets as it faces severe liquidity issues ... The debtor decided that a restructuring and sale of its assets under a Chapter 11 bankruptcy filing was its best option going forward.
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Advance Auto Parts to close hundreds of stores. Delaware stores' future unclear

Delaware Online 16 Nov 2024
It is a part of a "restructuring" and "asset optimization plan" with the goal of increasing profits and streamlining the companies operations, according to a public filing.
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Unlocking the Door to Financial Freedom: When Is the Right Time to Refinance?

Serve Daily 15 Nov 2024
In today’s ever-changing financial landscape, homeownership stands as one of our greatest monetary assets — an opportunity to accumulate wealth and strategically restructure our financial burdens.
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Generation Income Properties Announces Third Quarter 2024 Financial and Operating Results

ACCESSWIRE 15 Nov 2024
When conditions shift - such as interest rate increases or changes in consumer behavior - companies may face significant adjustments, sometimes leading to drastic decisions like asset sales or restructuring.
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Methodist Hall regeneration halts as developer goes into receivership

The Business Desk 14 Nov 2024
Cheyne acquired a majority stake in the group for around €20m and is planning to restructure it to sell to a buyer equipped to complete the Methodist Hall project and manage other assets in the portfolio.
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Marquis Who’s Who Honors Mark D. Knippa for Environmental Excellence

ACCESSWIRE 14 Nov 2024
With more than 30 years of experience in business development and asset management, Mr ... He later managed the restructuring and divestiture of compression assets.
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Telkom’s share price rises after predicting strong interim earnings growth

Independent online (SA) 14 Nov 2024
... the defined benefit within the Telkom Retirement Fund (TRF), and the de-recognition of the corresponding funding plan asset. This, along with restructuring costs, is reflected in the adjusted result.
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November, 2024 Letter to Shareholders

ACCESSWIRE 14 Nov 2024
... mining operations associated with our carbon assets ... Through its growth, the company has consolidated valuable assets that can be restructured to focus solely on high-margin, high-value products.
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Aytu BioPharma Reports Fiscal 2025 First Quarter Operational and Financial Results

ACCESSWIRE 13 Nov 2024
Operating expenses, excluding amortization of intangible assets and restructurings costs, were $11.2 million in the first quarter of fiscal 2025 compared to $13.0 million in the prior year period.
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John Malone Reorders Media Empire as C.E.O. Exits

New York Times 13 Nov 2024
Liberty Media, which owns stakes in Formula One and Live Nation, is spinning off some of its assets in a corporate restructuring ... .

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