| ||||||||||||||||||||||
| ||||||||||||||||||||||
Entries tagged "Sun Capital"Lone Star has had a tarnished year so farDallas private equity firm Lone Star Fund has three portfolio companies that succumbed to bankruptcy in 2009. PE woes detailed in new studyMore than half of private equity firm professionals surveyed by ACG said they have written down the value of their portfolio companies in the last quarter. Quick-sale DIPs are proliferatingBankrupt companies can still find debtor-in-possession loans, but they may be forced to accept potentially onerous terms. PE-backed Pizzeria Uno may serve up some bad newsPizzeria Uno, the chain of 200 restaurants that helped popularize the Chicago-style pizza, is the latest restaurant chain on the hot seat and could be the next private equity-backed company to file for bankruptcy protection. According to a Wall Street Journal report Wednesday, Uno Restaurant Holdings Corp. plans to miss a bond payment on Friday, making the Boston-based company the latest restaurant chain to dish up some bad news. ... Mervyn's and the end of the regional retailerNews that California retailer Mervyn's LLC is perched perilously close to bankruptcy underscores the creeping and sad demise of regional department store chains. Remember when you could go to a different part of the country and visit department stores you'd never seen before?... Bankruptcy Watch: Is PE-backed Mervyn's the next to file Ch. 11?It looks like the next retailer filing for Chapter 11 could be Mervyn's LLC. The private equity-owned department store may file for bankruptcy in 30 days because some of its vendors have stopped shipments to the company and key lenders have pulled financing, according to a report from The Wall Street Journal. ... Sun setting on Furniture Brands' independenceActivist investor Sun Capital Securities Group LLC, which is pushing for changes at Furniture Brands International Inc., is reaping the reward of its support from proxy advisory services firm Institutional Shareholder Services Inc. Next stop, sale?... ISS supports Sun Capital's Furniture Brands proxyWith the support of Institutional Shareholder Services, activist investor Sun Capital Securities Group LLC may be one step closer to its goal of securing three seats on the board of Furniture Brands International Inc. and, possibly, its goal of taking over the business. ... Sun Capital hits a bankruptcy trifectaIt's been a rough month for distressed investor Sun Capital Partners as a trio of its portfolio companies fell into Chapter 11 in February. Things started off on the wrong foot as Wickes Furniture Co. filed for bankruptcy in Wilmington, Del., early this month; and after a two week lull two more of its investments, high-end gadget retailer Sharper Image Corp. and gift shop chain Lillian Vernon Corp., filed this week. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Sun Capital." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
 Deal Video
    Community
 Elsewhere on The Deal.comDealwatch
The Deal MagazineCorporate Dealmaker
The Deal VideoCategories
Blog roll
Archives
| ||||||||||||||||||||||
| ||||||||||||||||||||||
