Monthly Archives: February 2018

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EQT to Spin Off Midstream Biz

PITTSBURGH–(BUSINESS WIRE)–EQT Corporation (NYSE: EQT) today announced that its Board of Directors has unanimously approved a plan to separate its upstream and midstream businesses, creating a standalone publicly traded corporation (NewCo) that will focus on midstream operations. The separation is intended to qualify as tax-free to EQT shareholders for U.S. federal income tax purposes; and…

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Walter Investment Emerges from Chapter 11

Walter Investment Management Corp. Announces Anticipated Date of Emergence From Chapter 11 Proceedings and Start of Trading in New Common Stock FORT WASHINGTON, Pa., Feb. 7, 2018 /PRNewswire/ — As previously announced, Walter Investment Management Corp. (the “Company”) (NYSE: WAC.BC) received approval of its prepackaged financial restructuring plan (the “Prepackaged Plan”) from the United States Bankruptcy Court for the Southern…

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Bon-Ton Stores Files Chapter 11

  MILWAUKEE, Feb. 4, 2018 /PRNewswire/ — The Bon-Ton Stores, Inc. (OTCQX: BONT) (“the Company”), today announced that the Company and its subsidiaries have filed voluntary petitions for a court-supervised financial restructuring under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The Company is currently engaged in constructive discussions…

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Cenveo Files Chapter 11

Cenveo, Inc.’s $290 Million Financing Facility Approved New Liquidity to Be Used to Grow the Business and Continue Strong Relationships with Vendors, Customers, and Employees STAMFORD, Conn., February 5, 2018 — Cenveo, Inc. (NASDAQ: CVO) (the “Company”), a diversified manufacturer of print-related products including envelopes, custom labels, commercial print, and publisher solutions, today announced that the…

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