Restructuring & Recapitalization Business development news stories are included in this section, with emphasis on corporate entities that are planning for, or currently undergoing restructuring or recapitalization efforts.

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Nov 19, 2019, 16:00 ET Getronics Receives New Capital to Implement Reorganization and Position Company for Future Growth

Getronics (the "Company"), the global IT services group, today announced that it has reached an agreement with its stakeholders to receive a new...


Nov 18, 2019, 11:10 ET Reorganization of Virtus Total Return Fund Inc. and Virtus Global Dividend & Income Fund Inc. Completed; Share Conversion Price Announced

The reorganization of Virtus Total Return Fund Inc. (NYSE: ZF) with and into Virtus Global Dividend & Income Fund Inc. (NYSE: ZTR) has been completed....


Nov 18, 2019, 08:00 ET IPIC® Under New Ownership After Chapter 11 Restructuring

iPic Theaters, LLC has acquired substantially all of the operating assets of the affiliated debtors in the jointly administered bankruptcy cases...


Nov 15, 2019, 20:59 ET Legacy Reserves Announces Confirmation of Plan of Reorganization

Legacy Reserves Inc. ("Legacy") and certain of its subsidiaries (collectively, the "Company") announced today that the U.S. Bankruptcy Court for the...


Nov 14, 2019, 13:30 ET Dean Foods Company Receives Court Approval of "First Day" Motions to Support Normal Business Operations

Dean Foods Company (NYSE: DF) ("Dean Foods" or the "Company") today announced that it has received approvals from the U.S. Bankruptcy Court for the...


Nov 14, 2019, 07:00 ET Leonard Green & Partners Leads Recapitalization of WCG in Partnership with Arsenal Capital Partners

An investor group led by Leonard Green & Partners, L.P. ("LGP"), in partnership with Arsenal Capital Partners ("Arsenal") and Novo Holdings, today...


Nov 12, 2019, 16:15 ET Planet Fitness, Inc. Announces Proposed Recapitalization Transaction

Planet Fitness, Inc. (NYSE:PLNT) (together with its subsidiaries, the "Company") today announced that certain of its subsidiaries intend to complete...


Nov 12, 2019, 16:01 ET Closing of Four Cushing® ETFs

The Board of Trustees of Cushing® ETF Trust has approved the liquidation and termination of four ETFs: Cushing® Energy & MLP ETF (XLEY), Cushing®...


Nov 12, 2019, 11:21 ET New Water Capital Announces Recapitalization of Two Tier III Electronics Manufacturing Services (EMS) Providers

Private equity firm New Water Capital (NWC) announced today a significant new investment in the Electronics Manufacturing Services (EMS) sector, with ...


Nov 12, 2019, 07:35 ET Valaris Announces Board Refreshment Plan, Corporate Governance Enhancements and Progress on Value Creation Initiatives

Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today announced a Board refreshment program, enhancements to the Company's corporate governance...


Nov 12, 2019, 07:03 ET Dean Foods Company Initiates Voluntary Reorganization with New Financial Support from Existing Lenders

Dean Foods Company (NYSE: DF) ("Dean Foods" or the "Company") today announced that it and substantially all of its subsidiaries have initiated...


Nov 12, 2019, 02:00 ET Nippon Express (South China) Renamed Nippon Express Automotive Logistics (China)

Nippon Express (South China) Co., Ltd. (hereinafter "NESC"), a Chinese subsidiary of Nippon Express Co., Ltd., has changed its name to Nippon Express ...


Nov 11, 2019, 10:26 ET Small Cap Company Jetblack Corp (OTC: JTBK) Plans To Finish Formulation Of Its Unique Wellness Product

Jetblack Corp (OTC: JTBK) "Jetblack" "The Company" "JTBK" announced today it has worked through some issues with shareholder deposits. JTBK is...


Nov 08, 2019, 14:44 ET Acosta Reaches Agreement with Creditors to Eliminate the Company's Long-Term Debt

Acosta, Inc. ("Acosta" or the "Company"), a full-service sales and marketing agency, today announced that it has reached an agreement with more than...


Nov 06, 2019, 13:48 ET Deluxe Completes Comprehensive Restructuring And Announces New Leadership

Deluxe, the leading content creation to distribution company, today announced that it has completed its comprehensive restructuring and has appointed ...


Nov 06, 2019, 07:00 ET Main Street Announces New Portfolio Investment

Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to...


Nov 05, 2019, 04:47 ET Governance has a New Champion

The Supplemental Charter of the Institute was sealed on 16 September 2019 changing the former name The Institute of Chartered Secretaries and...


Nov 04, 2019, 07:00 ET Halozyme Announces Actions To Focus Strategy On ENHANZE® Drug Delivery Technology

Halozyme Therapeutics, Inc. (NASDAQ: HALO) today announced strategic actions to reposition the Company with a focus solely on its ENHANZE® drug...


Nov 04, 2019, 02:02 ET Daimler launches new corporate structure

Daimler Group comprising parent company and three operating subsidiaries Increased customer focus and agility with Mercedes-Benz AG, Daimler Truck AG ...


Oct 31, 2019, 17:12 ET Bristow Group Successfully Emerges From Chapter 11

Bristow Group Inc. ("Bristow" or the "Company") today announced that it has emerged from Chapter 11 bankruptcy protection, successfully completing...


Oct 30, 2019, 10:05 ET Edible® Brands Announces Major Organizational Changes to Spearhead New Brand Initiatives for 2020

In advance of major new brand initiatives planned for 2020, Edible® Brands CEO Tariq Farid today announced an organizational restructuring that...


Oct 30, 2019, 07:30 ET Domino's Pizza Announces Recapitalization Transaction

Domino's Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on retail sales, today announced that certain of its subsidiaries...


Oct 30, 2019, 07:00 ET Aegis AI Announces Rebrand to Actuate

Aegis Systems Inc., a venture capital-backed AI startup that provides computer vision software to turn any security camera into a threat-detecting...


Oct 29, 2019, 10:30 ET STV Signs Definitive Agreement with The Pritzker Organization to Recapitalize STV and Position the Company for Future Growth

STV Group, Inc., ("STV") and The Pritzker Organization, L.L.C. ("TPO") announced today that the Tom Pritzker Family Business Interests ("PFBI")...


Oct 29, 2019, 08:00 ET appsFreedom Raises Growth Equity Round and Rebrands to Pillir

appsFreedom – a technology company that provides EdgeReady applications at speed and scale – announces today that it has officially changed its name...