An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb's hedge fund Third Point LLC plans to challenge a $600 million financing package that Neiman Marcus Group has lined up for its looming bankruptcy, and will push the U.S. department store operator to sell itself, people familiar with the matter said on Sunday.
from Reuters: Business News https://ift.tt/3cJZMqu
Sunday, April 26, 2020
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» Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources
Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources
Train drivers accept pay deal to end strike action
Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes. from BBC News https://ift.tt/LxCn1G9
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