Sentences with phrase «company reached a deal»

The company reached a deal with creditors to enter Chapter 11 bankruptcy protection, which will cut their debt by $ 300 million.

Not exact matches

Reflective of Far Eastern companies facing roadblocks in reaching the U.S. market, Chinese mobile maker Huawei has faced troubles in the U.S. recently as a deal for it to sell its Mate 10 Pro smartphone collapsed.
Here's how an influencer marketing deal through Viral Nation works: A brand will tell the company what it hopes to get out of its campaign — for instance, reaching soccer moms in the Pacific Northwest.
Last week, the Wall Street Journal reported that the Justice Department is preparing a lawsuit to challenge the deal in case an agreement can't be reached between the government and the companies.
The company has struggled to find a buyer or reach a debt - restructuring deal with lenders, leaving it with few options.
If we didn't reach a deal, we were holding onto the company
That deal followed a coup for Under Armour (which is big supporter of CEO Kevin Plank's alma mater, the University of Maryland) when the company last year reached an apparel agreement with the University of Notre Dame — a deal that school said was the largest ever in college sports at the time.
The company has failed to find a buyer or reach a debt restructuring deal with lenders, leaving it with few options, people familiar with the situation said at the time.
CytoSport's innovative pipeline in recent years has been powered by Hormel Foods (hrl), which paid $ 450 million to acquire the sports - nutrition maker back in 2014 in a deal intended to help the company reach younger consumers as well as those interested in adding more protein to their diets.
The ride - hailing company is in exclusive talks to line up funding from four investors, but a deal, which could reach as much as $ 12 billion, hangs on the outcome of a courtroom brawl between Travis Kalanick and Benchmark.
With debts and pension obligations outweighing the company's value, it approached the government and its lenders for a bail - out, but failed to reach a deal.
According to the Washington Post, Jones was initially optimistic when Trump announced he had reached a deal with Carrier's parent company, United Technologies (utx), to keep about 1,100 jobs in Indianapolis.
Rather than looking to crush their younger competitors, the largest companies are «reaching out to make deals
The deal with Northrop gives both companies greater reach into the growing space economy.
Those talks officially ended Saturday as both companies said a deal could not be reached.
Shah's CSRs also reach out to customers on social media outlets and networks to engage them in dialogue, which helps CSN get candid feedback about the company and its reps. «We have enhanced many consumer promotions, deals and rewards this year and plan to do the same in the next year — in an effort to bolster customer retention, interest and loyalty,» he said.
But subsequent deals could be more far - reaching: Consumers who bought 23andMe kits and agreed to donate their genetic information to research automatically consented for 23andMe to sequence their genomes, Forbes reports, and the company says it can share anonymized, pooled information about their self - reported health traits without getting permission first.
The pipeline company set a deadline of May 31 to reach a deal, or consider scrapping the project altogether.
The company won U.S. court approval on Tuesday for its multi-billion dollar debt restructuring plan after reaching a deal with more than 40 banks, unsecured creditors and shipyards.
Apple's push into the highly competitive original programming arena is heating up, as the tech giant reportedly reached a deal with Steven Spielberg's TV production company to reboot the iconic director's 1980s sci - fi and horror anthology series Amazing Stories.
Then, having not reached an agreement with Barnes & Noble by November, Sandell proposed to take Barnes & Noble private in a deal that valued the company at more than $ 650 million, or over $ 9 per share.
Tronc, whose shares fell as much as 27 % to $ 8.76 in early trading, said a deal was reached on a purchase price in mid-September but Gannett had informed the company that its financing had encountered «an unexpected delay.»
A constant battle Jay deals with when speaking to companies is making them believe that they can reach huge goals like $ 100 million in revenue.
Canada's Research In Motion (RIM) has lost a contract dispute over the use of Nokia patents in a case which could halt sales of its BlackBerry phones if it does not reach a deal to pay royalties to the Finnish company.
«Dealing with someone like Andrew is invaluable because his depth of knowledge and expertise reaches across such a huge array of people and businesses,» says former colleague Howard Davis, who is now a managing director at the Shemano Group, a San Francisco investment bank that provides services for small and midsize companies.
An Orange spokesperson told Reuters on Wednesday that the company denies a recent unsourced report by French magazine Challenges that Orange had reached a deal with Vivendi that would include Orange buying a stake in Telecom Italia — the Rome - based telecom in which Vivendi has a 24.9 % stake — and buying up to 20 % of the film and television production studio Canal Plus Group.
But if this economic cycle indeed has another extended leg in — as plenty of indicators suggest — and companies can keep the profit machine running along with stock buybacks and mergers, there's no saying the market as a whole can't work its way a good deal higher before it reaches its ultimate peak.
Local IT company Synergy Equities Group has reached a settlement to dispose of the last of its mining assets in a deal it says will allow for a greater focus on its core technology business.
At the shareholder meeting, Iger said the deal would create «an extraordinary global entertainment company with a content and the platforms and the reach to meet the growing demands of consumers around the world.»
The two companies reported in regulatory filings on Thursday that they had reached an agreement to amend a deal struck in 2010 that was widely seen as giving Zynga privileged status on the world's No. 1 social network.
The BCE - CTV deal was reached in September and leaves Telus (T.TO) as the only major telecom company that does not also own a content provider.
Sprint CEO Marcelo Claure said that even though the companies could not reach a deal, «we certainly recognize the benefits of scale through a potential combination.»
In recent months, it has struck content licensing deals with the likes of Paramount, Lionsgate and NBCUniversal and reached a multi-year extension of an agreement with Sony Pictures Television to bring even more of the company's feature films to its users.
Further, because the two sites» readers barely overlapped demographically, the deal greatly broadened Daily Mail's reach, bringing millions of millennial readers to the company each month.
The billionaire known by some as the «CEO slayer» reached a deal with the document technology company that included the installation of six new directors.
After a few months of haggling where the price increased from $ 1.2 billion to $ 1.8 billion (and in which Jos. A. Bank tried to scuttle the deal by acquiring the parent company of Eddie Bauer), the two sides finally reached an agreement in March.
During that time, the group reached out to more than 100 potential investors, and while five expressed interest in taking over the company, ultimately no deal emerged that satisfied debtholders.
In October, a month before BA and Iberia enacted a distribution surcharge on global distribution system bookings, several major travel management companies revealed they'd reached a deal, facilitated by Amadeus, in which the airlines would shield their corporate customers from the airlines» GDS - booking surcharge.
A deal, which could be reached as soon as this week, would mean the iconically American company would be headquartered in Canada, and benefit from the country's lower corporate tax rate, 15 percent, compared to the on - paper 35 percent rate in the U.S.
It called for expressions of interest in sub-leasing 266,000 - hectare Hamersley Station last year and came close to reaching a deal with a private company controlled by Kerry Stokes before the process stalled.
We believe that, as a 21st century technology company, you should be fully committed to open - sourcing the process of reaching a deal with our whole community.
Even if a deal isn't reached, Buckingham Research expects both companies to move closer through either a joint venture or Boeing taking a minority interest in Embraer.
This week, a deal was reached for the sale of Eurocom's shares in energy company Enlight Renewable Energy and a deal was reached a month ago whereby the group's operating companies will be sold to the HY Electronics group.
The deal, which was reached over the weekend, unites two titans of the early internet, AOL and Yahoo, under the umbrella of one of the nation's largest telecommunications companies.
On Monday, United Therapeutics reached a deal to acquire Israel - based SteadyMed Therapeutics Inc. in a deal potentially valued at US$ 216mln, a move that eliminates a serious competitive threat to the Maryland biotech by literally pulling the speciality pharma company into its own corner.
Twitter stock soared in Thursday after - hours trading as the company confirmed that it had reached a deal with Google, and reported quarterly earnings and revenue that beat analysts» expectations.
UK - based companies can now reach a wider audience of global angel investors and accelerate the investment deal flow process through online tools
It's worth noting that the company conducted negotiations with Comcast and Charter Communications, but no deal was reached and control was rumored to be a potential issue as well.
The company recently reached a deal with Amazon Prime Now to provide delivery to customers.
While the exposure to the big money and bigger reach of major - league stars has helped US Cryotherapy work deals to provide equipment to several NBA franchises and major universities, the company understands that a grassroots approach which includes high school athletes will yield its greatest growth in sales and recognition.
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