News by subject: RCN

Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC, ("Spirit" or the "Company") today announced that Spirit has emerged from its financial restructuring, completing a consensual, deleveraging transaction that equitizes...

SOLIC Capital Advisors, a leading financial advisory firm providing investment banking, restructuring and distressed asset support services, is representing the ad hoc group of bondholders of Exela Technologies, a global business process automation...

Thumzup Media Corporation ("Thumzup" or the "Company") , an emerging leader in social media branding and programmatic marketing solutions, today announced that its board of directors authorized a share repurchase program of up to $1 million of the...

Exactech (or "the Company"), a global medical technology leader, this week announced a critical milestone in its restructuring process whereby a group of investors ? including funds managed by Strategic Value Partners, LLC  (together with its...

Ardagh Group S.A. ("Ardagh" or "the Group") has today provided an update in connection with its capital structure review and its recent discussions with certain of the Group's noteholders, comprising a group owning a majority of the Group's Senior...

Accuride Corporation ("Accuride" or the "Company") today announced the successful completion of the Company's restructuring process and emergence from Chapter 11....

Dynavax Technologies Corporation , a commercial-stage biopharmaceutical company developing and commercializing innovative vaccines, has entered into privately negotiated exchange and subscription agreements (the "Exchange Agreements") with a limited...

Seven & i Holdings Co., Ltd. ("the Company" or "the Group") today announced a series of transformational leadership, capital, and business initiatives to enhance focus on its convenience store business and unlock and distribute significant value to...

For over 100 years, SKF is recognized as a leader in products and solutions that reduce friction. Now, the company is stepping up its efforts, not just reducing friction but actively fighting it to move the world forward. The aim is to make industry...

Silver Star Properties REIT, Inc. ("Silver Star" or the Company), a self-managed real estate investment trust, today announced recent workforce reductions and payroll cuts as part of a comprehensive strategic turnaround plan. These actions, which...

Zachry Holdings, Inc. (the "Company" or "ZHI") today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Company's Plan of Reorganization (the "Plan"). Having now achieved this key milestone,...

Leading gaming fintech company Sightline Payments® celebrates its 15th year and announces the completion of a recapitalization process that fully enables Sightline to revolutionize the gaming industry through innovative financial technology...

Vialto Partners ("Vialto" or the "Company"), a premier provider of global mobility, tax, and immigration solutions to the world's leading companies, announced today that it has completed its previously announced recapitalization transaction with a...

Spirit Airlines, Inc. ("Spirit" or the "Company") today announced the Company's Plan of Reorganization ("the Plan") was confirmed by the United States Bankruptcy Court for the Southern District of New York (the "Court"). With this approval in place,...

Brewer Company, the leading innovator of medical exam tables, exam chairs, and clinical seating solutions, is excited to announce the launch of its new brand identity. This rebranding reflects Brewer's evolution as a company and its continued...

Oregon Tool, Inc. (the "Company") a global leader and manufacturer of professional-grade cutting tools for forestry, lawn and garden; farming, ranching and agriculture; and concrete cutting and finishing industries announced today the closing of...

Oregon Tool, Inc. (the "Company") a global leader and manufacturer of professional-grade cutting tools for forestry, lawn and garden; farming, ranching and agriculture; and concrete cutting and finishing industries announced today the closing of...

Oregon Tool, Inc. (the "Company") a global leader and manufacturer of professional-grade cutting tools for forestry, lawn and garden; farming, ranching and agriculture; and concrete cutting and finishing industries announced today the closing of...

Meritage Group LP and its affiliated funds ("Meritage Group") and TowerPoint Capital ("TowerPoint Capital") today announced the recapitalization of their portfolio of mission-critical wireless infrastructure assets into a newly formed, open-ended...

Southwest Airlines Co. (the "Company") today announced a reduction in its workforce to create a leaner and more agile organization as part of the airline's transformational plan.  The workforce reduction of approximately 1,750 Employee roles is...

Numinus Wellness Inc. ("Numinus" or the "Company") , a mental healthcare company advancing traditional and innovative behavioral health treatments including safe, evidence-based psychedelic-assisted therapies, today announced that its Board of...

Accuride's North America affiliates ("Accuride" or the "Company") today announced that the United States Bankruptcy Court for the District of Delaware (the "Court") confirmed the Company's Chapter 11 Plan of Reorganization ("the Plan") and Accuride...

Spirit Airlines, Inc. ("Spirit" or the "Company") today provided an update on its restructuring process regarding a new proposal (the "New Proposal") for an alternative restructuring plan submitted by Frontier Group Holdings, Inc. ("Frontier"), the...

Immersive Gamebox, a global leader in immersive group gaming experiences, announced today its successful acquisition and recapitalization by funds controlled by Harlan Capital Partners, marking a pivotal new chapter in the company's growth story. The...

BD (Becton, Dickinson and Company) , a leading global medical technology company, today announced its board of directors has unanimously authorized BD management to pursue a plan to separate BD's Biosciences and Diagnostic Solutions business from the...

Accuride Corporation's ("Accuride") North America affiliates ("Accuride North America" or the "Company") today provided an update on their ongoing restructuring process and efforts to position the Company for long-term growth....

Aimia Inc. ("Aimia" or the "Company") today announced the final results of its substantial issuer bid (the "Offers") to purchase for cancellation all of its preferred shares (the "Preferred Shares") in consideration for 9.75% senior unsecured notes...

In an effort to better serve its clients, Markel, the insurance operations within Markel Group Inc. , announced today that it will streamline its US professional liability products into four separate pillars effective immediately. These pillars will...

China Jo-Jo Drugstores, Inc. ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced it has entered into...

Newmark announces the firm has brokered a recapitalization and new joint venture between Hines and CubeSmart for a 14-property self-storage portfolio located across the Dallas-Fort Worth Metroplex. Newmark Vice Chairman and leader of the firm's...

Jason's Deli is stepping into a new era with a refreshed visual identity system and innovative new restaurant design. In partnership with experience agency ChangeUp, Jason's Deli wanted their environment and brand to more accurately reflect the...

Azul, the largest airline in Brazil in terms of destinations served and daily flights, announced this Tuesday the conclusion of the negotiation process with its bondholders, lessors and aircraft manufacturers, resulting in the elimination of over US$...

VersaBank , a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced the internal transfer of certain assets, including intellectual property, and other resources, including...

Pluribus Technologies Corp. ("Pluribus" or the "Company") announces that B. Riley Farber Inc., in its capacity as Court-appointed monitor (the "Monitor") of Pluribus and its subsidiaries (collectively, the "Pluribus Group" or the "Companies"), is...

BlackArch Partners ("BlackArch") is pleased to announce that The Apollo Group ("Apollo" or the "Company") has received a strategic investment from Oaktree Capital Management ("Oaktree"). The Apollo Group is a leading provider of full-service...

Unigel Participações S.A. and some of its subsidiaries ("Company", "Unigel") announce that, in connection with the extrajudicial reorganization process, Unigel engaged in confidential discussions and negotiations under confidentiality agreements (the...

Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, has announced the recapitalization of an industrial portfolio in Moorestown, New Jersey.  The...

Flight Adventure Park, the family play destination known for cultivating imaginative spaces designed to encourage active play and interactive learning, is set to relaunch its Irmo location with an out-of-this-world space-themed transformation this...

Aimbridge Hospitality, a leading, global hotel management company and the world's largest third-party hotel operator, today announced that it has entered into a Restructuring Support Agreement (RSA) with overwhelming support from its first and second...

Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has agreed to redeem Turning Rock Partners' (TRP) 2019 preferred...

Crisil Limited, a provider of ratings, data, research, analytics and solutions, today unveils its new brand logo. The new brand...

Deerfield Group, one of the fastest-growing independent marketing and communications partners for healthcare and life science brands and companies, today announced its targeted growth focus to support the growing U.S. West Coast biotech and...

SI EQ, a leading digital and traditional advertising agency renowned for its expertise in the farm equipment space, proudly announces its rebrand to Root+Beta. This rebrand reflects a new chapter in the agency's history, as it continues to build on...

Flight Adventure Park is the family fun center known for bringing to life imaginative spaces designed to encourage active play, celebration, interactive learning, and the freedom to fly. The relaunch of the newly space-themed Charleston park marks...

Main Street Capital Corporation ("Main Street") is pleased to announce that it recently fully exited its debt and equity investments in Pearl Meyer & Partners, LLC ("Pearl Meyer" or the "Company") upon the completion of a majority recapitalization...

Coalesce Capital ("Coalesce"), a private equity firm focused on investing in business services companies, announced today a majority growth recapitalization in executive compensation and leadership consultancy, Pearl Meyer & Partners, LLC ("Pearl...

Arrow Financial Corporation today announced that its subsidiary, Glens Falls National Bank and Trust Company has unified with its affiliate bank, Saratoga National Bank and Trust Company, and the resulting bank has legally changed its name to Arrow...

RAD Industries Inc. (the "Company" or "Rocky Mountain") announced today that it has filed an application with the Superior Court of Québec (Commercial Division) (the "Court") for Court protection under the Companies' Creditors Arrangement Act...

The Lion Electric Company ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that the Superior Court of Quebec (Commercial Division) (the "Court") has issued an initial order...

TORONTO, Dec. 17, 2024  /PRNewswire/ ? Pluribus Technologies Corp. ("Pluribus" or the "Company") announced today that the Company and its various subsidiaries (collectively, the "Pluribus Group") have been granted an order (the "Initial Order") from...