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CFOs On the Move: Week Ending July 1
McDonald’s, Dollar Tree, GoFundMe, Stride, Otis, Intrusion, Monogram Health, Mass Luminosity
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Lauren Muskett
| July 1, 2022
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reorganization
Strategy
Disney Reorganizes to Focus on Streaming
The reorganization comes as the coronavirus pandemic has closed parks and stalled film production.
By
Lauren Muskett
| October 13, 2020
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Credit & Capital
Coal Bankruptcies Continue With Blackhawk Filing
The company is seeking to reduce a $1 billion debt burden resulting from acquisitions of the assets of distressed mining firms.
By
Matthew Heller
| July 22, 2019
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Bankruptcy
Toys ‘R’ Us Plans to Reopen for Business in U.S.
The hedge funds that control the bankrupt retailer have decided a reorganization is preferable to selling off its name and web domains.
By
Matthew Heller
| October 3, 2018
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Corporate Finance
Toshiba Nuclear Power Unit Files Chapter 11
Cost overruns at Westinghouse Electric power plants have contributed to Toshiba's financial woes, forcing a $6.3 billion writedown.
By
Matthew Heller
| March 29, 2017
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Turnarounds
Aéropostale Files Chapter 11, Blames PE Firm
CFO David Dick says Sycamore Partners "used its leverage" over one of the retailer's suppliers to precipitate the bankruptcy.
By
Matthew Heller
| May 4, 2016
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