Entries tagged "recap"
FairPoint hires Rothschild and says it could miss an October interest payment.
Reeling from loan losses and desperate for capital, financial institutions are in no position to combine with one another. Enter private equity -- and a host of questions about fairness and control.
Thought Iridium Satellite LLC was dead after its 1999 bankruptcy? Guess again. The one-time Motorola Inc. attempt to launch a massive global, satellite-based phone service remains in business, following a $25 million purchase in 2000. Now Iridium is reportedly planning an IPO in 2009, according to Barron's Tech Trader Daily blog....