MONTREAL: Bombardier confirmed the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of liabilities by MHI related…
HONG KONG: Yeahka Limited, China’s leading payment and business service technology platform commences trading on the Main Board of Stock Exchange of Hong Kong Limited on June 1st 2020, under the stock code of 9923. CLSA, Nomura and ABCI are…
FORT WORTH: Pier 1 Imports Inc. has received approval from the U.S. Bankruptcy Court for the Eastern District of Virginia for the Company’s planned wind-down of operations. Pier 1 intends to initiate store closing efforts and liquidation sales once store…
WASHINGTON: AIDS Healthcare Foundation (AHF) sharply criticized the Trump administration for its announcement earlier that it is withdrawing U.S. membership in the World Health Organization (WHO) after cutting hundreds of millions in funding to the global organization in recent weeks….
DALLAS: AT&T Inc. continues to actively de-risk its capital structure, extending debt maturities at historically low coupons. On May 27, 2020, AT&T closed its sale of €3 billion combined principal amount of its Global Notes due 2028, 2032 and 2038….
CHARLOTTE: The fight to slow the spread of the coronavirus across America has created many economic hardships for thousands of small businesses across the nation, especially restaurants, retailers and service agencies. Many business owners have been forced to close their…
PROVO: Engage for Good, a premier social good and cause-related marketing professional organization, recognized Vivint Smart Home with the 2020 Gold Halo Award in its Group Volunteerism category. The Engage for Good Halo Awards program, now in its 18th year,…
FOSTER CITY: Exabeam, the Smarter SIEM company, announced a significant investment in its operations across the Asia Pacific and Japan (APJ) region to meet growing demand for its cybersecurity solutions and capitalize on record momentum, with over 100% year-over-year growth…
TULSA: Unit Corporation, a Tulsa-based, publicly held energy company, has filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code to effectuate a pre-negotiated Chapter 11 plan of reorganization that will reduce the Company’s funded debt obligations by…
BOSTON: Boston-based fintech startup Airfox is joining Via Varejo, the largest retailer in Brazil serving 60 million customers through popular nationwide retail chains Casas Bahia and PontoFrio. Publicly held Via Varejo is acquiring Airfox for an undisclosed amount. Airfox will…
ST. PAUL: 3M Company has settled two lawsuits connected with the company’s global efforts to combat fraud, price gouging and counterfeiting. 3M Company and King Law Center, Chartered have resolved the legal action 3M initiated in federal district court in…
EL DORADO: Murphy Oil Corporation announced that Walter K. Compton, Executive Vice President and General Counsel, will retire from the company effective June 1, 2020. The current Vice President, Law and Corporate Secretary, E. Ted Botner, will be assuming Mr….