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Tag: bankruptcy
Rdio sells technology to Pandora, files for bankruptcy
2015-11-17 09:13:00| Telecompaper Headlines
(Telecompaper) Pandora has agreed to buy technology and intellectual property from Rdio, a music streaming company, for USD 75 million in cash, subject to certain price adjustments. The deal is contingent upon Rdio filing for bankruptcy. If the transaction is approved by the bankruptcy court, Rdio will wind down its Rdio-branded services in all markets. Pandora noted that it will not be acquiring the operating business of Rdio, only the technology. Pandora will offer many members of Rdio's team roles at the company, subject to close of the agreement. The company expects to offer an expanded Pandora listening experience by late 2016, pending its ability to obtain proper licenses.
Tags: technology
files
bankruptcy
sells
Westport Innovations: Chances of Bankruptcy Are High
2015-11-16 23:51:55| Automakers - Topix.net
Shares of Westport Innovations have fallen considerably since I recommended selling the stock earlier in June. In the last five months, Westport's stock has depreciated almost 45% in value.
Tags: high
chances
bankruptcy
innovations
Analysts expect bankruptcy for Arch Coal, a reflection of industry woes
2015-11-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
High Country News: Listen to congressional Republicans, and you would think that President Obamas regulations are behind the nosedive the coal industry has taken this year. Alpha Natural Resources filed for Chapter 11 this summer, Arch Coal may follow next. Its stock, which traded as high as $3,600 in 2011 dipped to $1.50 this week. Theres no question that the presidents Clean Power Plan and his other air pollution regulations cloud the future of the industry. But coals bleak present has much more to do with...
Tags: industry
expect
bankruptcy
arch
Can American Apparel's 'Made in U.S.A.' model survive bankruptcy?
2015-10-26 15:51:12| Apparel - Topix.net
American Apparel has maintained a "Made in U.S.A." focus for all of its 15-year history, but its step into bankruptcy proceedings in early October poses risks to its 4,600 factory workers in Los Angeles. "That's what makes us a really important company and a company that needs to thrive and be saved," Ms.
Bankruptcy court agrees Quiksilver final financing
2015-10-19 11:26:00| Daily apparel & textile news and comment - from just-style.com
Struggling surfwear business Quiksilver has had its final financing package fully approved by the bankruptcy court, allowing it to continue operating in the US and abroad.
Tags: final
court
financing
bankruptcy
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