Corporate bankruptcy
Bed Bath & Beyond schedules separate auction for Buy Buy Baby assets
A Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond is working on another last-ditch effort to keep one of its chains alive. The retailer said in court papers it will run a separate sale process […]
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Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media
Vice Media Group logo Pavlo Gonchar | Lightrocket | Getty Images When Suroosh Alvi, Gavin McInnes and Shane Smith founded Vice magazine, which later expanded to Vice Media, they built a business based on a punk rock, counterculture image. Smith once had himself recorded, nearly naked and drinking alcohol, giving a tour of the media organization’s […]
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Overstock.com bids $21.5 million for Bed Bath & Beyond intellectual property assets
A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond’s brand name may be the only part of the failed retailer that lives on. The home goods chain, which also owns Buy Buy Baby […]
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Here’s where a possible sale of Bed Bath & Beyond and Buy Buy Baby stands
“Everything on Sale” signs at a Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images The auction process for Bed Bath & Beyond and its assets was extended once again as discussions progress with potential bidders, namely for its Buy […]
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Diamond Sports must pay four MLB teams in full, bankruptcy judge says
The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field on May 17, 2022 in Cleveland, Ohio. George Kubas | Diamond Images | Getty Images Diamond Sports, the owner of regional sports networks, was ordered this week by a bankruptcy […]
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Buy Buy Baby draws sale interest in Bed Bath & Beyond bankruptcy, one bidder looks to save stores
A Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company’s crown jewel – Buy Buy Baby – may live to see another […]
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MLB will broadcast San Diego Padres games after Diamond Sports stops payments
Daniel Camerena #72 of the San Diego Padres hits a grand slam home run during the fourth inning of a baseball game against Washington Nationals at PETCO Park on July 8, 2021 in San Diego, California. Denis Poroy | Getty Images Sport | Getty Images The San Diego Padres have a new home base on […]
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Wheels Up founder abruptly steps down as losses mount, potential bankruptcy looms
Kenny Dichter, founder and chief executive officer of Wheels Up Chris Goodney | Bloomberg | Getty Images Private jet company Wheels Up announced Tuesday that its founder and CEO, Kenny Dichter, is stepping down from his post immediately as the company faces mounting losses and the potential for bankruptcy. Board member Ravi Thakran will become […]
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Vice Media reportedly preparing to file for individual bankruptcy
Vice Media workplaces show the Vice symbol in Venice, California. Mario Tama | Getty Pictures Vice Media Team, the business powering common media sites this sort of as Vice and Motherboard, is preparing to file for personal bankruptcy, the New York Moments described on Monday, citing people today with awareness of its functions. The media […]
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Lordstown Motors warns of individual bankruptcy right after Foxconn threatens to wander away from very important funding offer
Signage exterior Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, Might 15, 2021. Dustin Franz | Bloomberg | Getty Visuals Shares of electrical automobile startup Lordstown Motors disclosed on Monday that a funding deal with Foxconn is in jeopardy – and that it could go bankrupt if the offer would not transpire. Shares sank […]
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