Recent Corporate restructuring Posts
[Posted on July 2, 2009 at 12:54 PM]
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Efforts to sell American International Group's asset management business have stalled after another week of negotiating.
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[Posted on July 2, 2009 at 11:23 AM]
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Crabtree & Evelyn joins a string of other U.S.-based retailers in filing for bankruptcy.
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[Posted on July 2, 2009 at 10:39 AM]
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Publicly traded buyout shop Intermediate Capital is doing a rights offering that gives shareholders a 75% discount to Wednesday's closing price.
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[Posted on July 2, 2009 at 9:41 AM]
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Employers cut 467,000 jobs in June, and the unemployment rate rose to 9.5%.
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[Posted on July 1, 2009 at 1:47 PM]
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Although Sir Win Bischoff sat on Citigroup's board during the run-up to the credit crisis, the fact seems to be of little concern to Lloyds Banking Group.
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[Posted on July 1, 2009 at 1:29 PM]
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Midsized investment bank Jefferies Group is aggressively hiring senior bankers from larger rivals.
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[Posted on July 1, 2009 at 11:45 AM]
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Citigroup continues to slim down by selling NikkoCiti Trust and Banking to Nomura Trust & Banking.
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[Posted on July 1, 2009 at 10:59 AM]
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Gannett's trying to reduce costs and will make between 1,000 and 2,000 job cuts on top of a 10% staff layoff last year.
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[Posted on July 1, 2009 at 10:44 AM]
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So far bids for Bank of America's Columbia Management are lower than expected, but interest in the First Republic auction remains high.
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[Posted on July 1, 2009 at 9:27 AM]
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The latest rumors and reports of layoffs are at Wells Fargo, Chrysler Financial and Pamrapo Savings Bank/BCB Community Bank.
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[Posted on July 1, 2009 at 8:30 AM]
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AIG had its first annual meeting since September 2008, and shareholders weren't as confident on the company's outlook as its executives.
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[Posted on June 30, 2009 at 5:15 PM]
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Vibe magazine shuts its doors after nearly 16 years of publishing.
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[Posted on June 30, 2009 at 11:31 AM]
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American International Group shareholders got to vent frustration and elect a new slate of directors at the insurer's annual shareholder meeting.
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