bankruptcy

Hasbro to Acquire Mattel

Hasbro to Acquire Mattel

Hasbro (NASDAQ: HAS) has announced plans to buy Mattel (NASDAQ: MAT) in an attempt to combine the two biggest U.S. toymakers in more than two decades. By uniting Hasbro’s My Little Pony, Nerf, and Monopoly brands with Matter’s Barbi..

Gymboree Announced to Close 350 Stores Nationwide

Gymboree Announced to Close 350 Stores Nationwide

This week, the Gymboree Corporation (NASDAQ: GYMB), a children’s clothing retailer, announced that it will close 350 stores as part of its previously announced restructuring.The company filed for Chapter 11 bankruptcy protection in June. Curre..

Berkshire Hathaway Bets Big on Power Infrastructure

Berkshire Hathaway Bets Big on Power Infrastructure

Warren Buffett's Berkshire Hathaway Inc (NYSE: BRK.B) announced Friday that it will pay $9 billion, all-cash offer, to pick up from bankruptcy and reorganize Energy Future Holdings Corp. the parent company of Oncor Electric Delivery Co. It is on..

True Religion Files for Bankruptcy Protection

True Religion Files for Bankruptcy Protection

True Religion Apparel Inc. (NASDAQ: TRLG) is one of the most well known jeans maker in the United States and filed for bankruptcy reorganization today. In hopes of reducing their debt, a private equity firm called TowerBrook Capital Partners propose..

Takata Files for Bankruptcy

Takata Files for Bankruptcy

Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..

Gymboree to Close Up to 450 Stores, Filing for Bankruptcy

Gymboree to Close Up to 450 Stores, Filing for Bankruptcy

The Gymboree Corporation (NASDAQ: GYMB), a Kids’ clothing retailer, filed for a Chapter 11 bankruptcy reorganization to reduce its debts. The company also announced to close stores in respond to the pressure on retailers.Gymboree was foun..