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August 8, 2007 |
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AMERICAN HOME: Case Summary & 39 Largest Unsecured Creditors Lead Debtor: American Home Mortgage Holdings, Inc. 538 Broadhollow Road Melville, NY 11747... Read More |
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DAIMLERCHRYSLER AG: Completes Chrysler Group's Interest Transfer DaimlerChrysler AG has closed the transfer of a majority interest in the Chrysler Group and for the related financial services business in NAFTA to a subsidiary of Cerberus Capital Management LP, a private-equity company.... Read More |
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DANKA BUSINESS: June 30 Balance Sheet Upside-Down by $327.1 Mil. Danka Business Systems PLC posted $502.4 million total assets, $479.1 million total liabilities, $350.4 million 6.5% senior convertible participating shares, and $327.1 million total stockholders' deficit as of June 30, 2007... Read More |
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DELPHI CORP: Attains Tentative Accord with IUE-CWA and GM Delphi Corp. continues to make significant progress on its transformation initiatives and has signed a Memorandum of Understanding with four additional unions representing certain U.S. hourly employees. The company reached tentative pacts with the... Read More |
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HEALTH CARE: Completes $1.15 Bil. Unsec. Revolving Credit Facility Health Care REIT Inc. has closed an expanded $1.15 billion unsecured revolving credit facility, replacing the company's existing $700 million facility scheduled to mature July 2009, and its $40 million line of credit with Fifth Third Bank, which has... Read More |
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INVERNESS MEDICAL: Inks All Stock Buyout Deal with Hemosense Inc. Inverness Medical Innovations Inc. and HemoSense Inc. have entered into a definitive agreement for Inverness to acquire Hemosense in an all stock deal. Each holder of a share of HemoSense common stock will receive 0.274192 shares of Inverness common... Read More |
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MCMORAN EXPLORATION: Completes $1.08 Billion Buyout of Gulf Assets McMoRan Exploration Co. has completed its acquisition of the Gulf of Mexico Shelf oil and gas properties of Newfield Exploration Company and certain exploration rights for approximately $1.08 billion in cash... Read More |
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POPE & TALBOT: Inks Forbearance Agreement with Lenders Pope & Talbot, Inc., disclosed in a regulatory filing with the U.S. Securities and Exchange Commission that, along with its wholly owned Canadian subsidiary, Pope & Talbot Ltd., it entered into a forbearance agreement dated as of July 31, 2007, with... Read More |
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