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Tiffany Kary

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Aeropostale clears early hurdle by securing bankruptcy loan

Teen clothing chain Aeropostale Inc. overcame the first challenge to its bankruptcy reorganization plans, securing $100 million in interim financing over the objection of...

Oppenheimer sues R.I. over $594M tobacco bond deal

NEW YORK – Rhode Island’s plan to sell $594 million in debt backed by tobacco-company payments was challenged by OppenheimerFunds Inc., which claims the...
A PEDESTRIAN passes in front of a Borders Group Inc. bookstore in the midtown area of New York. The bookstore chain filed for bankruptcy on Wednesday. /

Borders files for bankruptcy, seeks permission to close up to 275...

NEW YORK - Borders Group Inc., the No. 2 U.S. bookstore chain, filed for bankruptcy in New York on Wednesday after management changes, job...

MGM Studios wins court approval of plan to reorganize under Spyglass,...

NEW YORK - Metro-Goldwyn-Mayer Studios Inc., distributor of James Bond and Rocky films, won a judge’s approval on Thursday to reorganize under the management...

MGM wins court permission to take out $500M exit loan, fees...

LOS ANGELES - Metro-Goldwyn-Mayer Studios Inc., distributor of the James Bond and Rocky movies, won court permission to take out a $500 million exit...
PROVIDENCE EQUITY, which holds a 34 percent stake in Metro-Goldwyn-Mayer Inc., has been flagged as 'loser' after the film distributor filed for bankruptcy on Wednesday. /

MGM files for bankruptcy, rejects bid; Providence Equity flagged as a...

Metro-Goldwyn-Mayer Inc., distributor of the James Bond and Rocky movies, filed for bankruptcy in Manhattan federal court after rejecting a takeover bid by Lions...
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