After several years of financial woes and personnel changes, Vice Media Group filed for bankruptcy on Monday. The decision was made to facilitate the sale of the company to a group of lenders. According to plans, the lenders would provide some $225 million to acquire the firm’s assets and liabilities via a credit bid. The…
The Wall Street Journal reported on Friday that Cineworld, the globe’s second-largest movie-theater chain, is preparing to file for bankruptcy while facing debts of US$4.8 billion. Cineworld, the London-based parent company of US-based Regal Cinemas, owns 751 branches and has 28,000 employees in ten countries. It also operates theaters under the name of Picturehouse, Cinema…
If you like our contents, please subscribe our news letter!
If you like our contents, please subscribe our news letter!
