Malden Mills buyback plan hits setback
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Aaron M. Feuerstein's ambitions to buy back control of Malden Mills Industries Inc. suffered a blow recently when a major real estate partner said it was no longer interested in continuing a financing agreement.
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Move follows government's failure to to find buyer for stricken mortgage lender
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London - Marks and Spencer, the struggling British retailer, on Monday began buying back more than one quarter of its shares in the biggest tender offer ever seen in Britain.
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Supermarkets that use their size to force down prices will be penalised under new plan
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OfficeMax Inc. OMX.N has postponed  its planned share buybacks after launching a probe into  allegations by a vendor that OfficeMax employees falsified  documents for about $3.3 million in billing claims, the company  said on Monday.
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The company said the decision was a &quot;major step&quot; towards implementing its controversial rescue plan. Major shareholders are opposing the deal, which hands control of
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Stock sinks after-hours after home builder scales back forecasts due to price rollbacks in Sin City. LOS ANGELES  - Pulte Homes Inc.
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The decision is a setback for the two companies and their plan to acquire ContentGuard, a digital rights management firm.
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Bank plunges as rumours sweep through market that it could be taken over at knockdown price.
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Prudential, the UK&#39;s second largest insurer, shocked its shareholders today by asking them to fund a Â£1bn expansion plan. The company has invited investors to buy one new share for every six they own at a reduced price of 308p.
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MUMBAI, Dec. 27. - Mr Anil Ambaniâs opposition to the buy-back proposal was reiterated at the RIL board meeting here today. Before entering the board room he quoted a Chinese philosopher: âObjective
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A $44 million bid from Philadelphia private equity firm Chrysalis Capital Partners has emerged as the likely winning offer for Malden Mills Industries , according to a spokesman for the bankrupt Lawrence textile maker. Managers filed for Chapter 11 protection as part of a planned sale of the maker of Polartec fleece to Boston investor Gordon Brothers Group. ...
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Malden Mills Industries Inc. has dropped its effort to win bankruptcy court approval for nearly $1 million in bonuses to reward five executives of the textile maker in its Chapter 11 case.
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The management of Gold Fields, the South African gold producer, was dealt a blow on Tuesday after shareholders voted against a proposed reverse takeover of Canadian gold group Iamgold.
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The company said its quarterly loss ballooned to $302.6 million as it struggled with its mortgage lending arm and said it is trying to renegotiate the sale of the unit.
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Shareholders in BSkyB made their objections to the group&#39;s controversial buyback plan known yesterday when almost a fifth of the votes cast were in opposition to the proposal.
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LAWRENCE -- Seven hundred workers at Malden Mills Industries could go on strike as early as tomorrow after the mill's largest union voted to reject the company's final contract offer.