Entries tagged "PE bankruptcy"
One small quibble with The New York Times' story: namely, in its depiction of Simmons' failure as the inevitable consequence of being financially exploited by a string of private equity masters.
Jamie Dimon's J.P. Morgan has amassed significant holdings in several struggling media companies. Will he be able to help turn them around?
A settlement between SemGroup LP and its nonbankrupt subsidiary, SemGroup Energy Partners LP, a master limited partnership, will provide the latter with a temporary lifeline, but not much more. ...
New York Knicks guard Stephon Marbury loves his low-price sneaker line so much that he's tattooed the "Starbury" logo into his head. But bankrupt Steve & Barry's LLC, the exclusive retailer of Marbury's affordable sneakers, apparently doesn't appreciate the extraordinary lengths the Brooklyn, N.Y., native has gone in promoting the brand. ...
Same- or comparable-store sales in good times and bad are always reality checks for retailers. When things are rolling along, they are reminders of just how well your basic business is doing. After all, new stores bring in fresh but one-time sales. And when the going gets tough, and retailers have to close stores, the ones kept open are under even more pressure to perform. ...
