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.