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Presidio Petroleum Acquires Anadarko Position from Bankrupt Templar Energy

2020-08-06 18:00:00| OGI

The acquisition of Templar Energys assets through a bankruptcy auction represents an expansion from the western Anadarko Basin, where Presidio Petroleum already has an established position, into Oklahomas STACK play.

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Why Buying Bankrupt Mall Retailers Makes Perfect Sense for Landlords

2020-07-29 18:04:00| National Real Estate Investor

Simons and Brookfields investments in bankrupt tenants are relatively small. But the deals can give them critical control of the real estate involved.

Tags: makes perfect sense buying

 
 

Bankrupt Brooks Brothers receives $305m rescue bid

2020-07-24 12:34:00| Daily apparel & textile news and comment - from just-style.com

Bankrupt men's wear retailer Brooks Brothers has received a $305m takeover bid from Sparc Group, which is partially backed by Authentic Brands Group, owner of Aéropostale and Nautica.

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Ann Taylor Parent Goes Bankrupt, Plans to Shut Over 1,000 Stores

2020-07-23 22:20:00| National Real Estate Investor

As part of its bankruptcy reorganization, Ascena Retail Group plans to close more than a half of its stores.

Tags: stores plans parent ann

 

Sunil Mittal bids for bankrupt satellite company OneWeb supported by UK govt

2020-06-30 02:00:00| Total Telecom industry news

OneWeb, a UK-based low-Earth orbit (LEO) satellite company, has found itself under financial strain since its inception back in 2012. Despite backers including SoftBank, Airbus and Qualcomm, the satellite company has struggled to obtain financing, resulting in a slew of debts that now top $3.3 billion.   The company filed for bankruptcy in March this year citing financial strain caused by the pandemic…read more on TotalTele.com »

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