Recent speculation had suggested the company’s private equity owner, Sycamore Partners, and its creditors, led by Blackstone, were trying to work out a debt-for-equity swap that would keep it out of bankruptcy court.
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Jessica Rosenworcel said on Twitter the FCC’s Public Safety and Homeland Security Bureau “is working to get to the bottom of what is going on.” Verizon spokesman Rich Young said …
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Goldstein, 65, will assume the role of chairman as well, Las Vegas-based Sands said Tuesday. The company also promoted two longtime executives: Patrick Dumont, previously executive vice president and finance chief, was named president and chief …
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The December spike pushed unemployment across the region to its highest level since August, when the jobless rate topped 10%, according to data released by the State Labor Department Tuesday. The local unemployment …
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It raised $2.5 billion for a new fund focused on struggling companies earlier this month, Bloomberg reported, and has looked to invest in sectors like
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