Mark Kaufman News
-
Going broke while dominating vodka sales in Russia and Poland may seem tough to do. A company founded by a Florida golfer, listed on Nasdaq Stock Market and until recently based in New Jersey, is almost there.
-
A consortium that was competing with Russian billionaire Roustam Tariko for control of Polish vodka producer Central European Distribution Corp. withdrew its takeover offer today.
-
Investors should consider a rival bid for Central European Distribution Corp. as it provides a better chance at recovery for the Polish vodka producer than the takeover being mooted by Russian billionaire Roustam Tariko, according to a representative for the competing consortium.
-
A group led by billionaire Mikhail Fridman raised its bid for Central European Distribution Corp., escalating a battle between two of Russia’s richest men to rescue the Polish vodka maker.
-
Central European Distribution Corp., Poland’s second-biggest vodka maker, rose the most since the end of January in New York after a shareholder reduced his stake and the company announced a new debt swap offer.
-
Rival offers from Russian billionaires for rescuing Poland’s second-biggest vodka maker are spurring speculation Central European Distribution Corp. will avoid bankruptcy, sending bond yields to a 10-month low.
-
Harrisburg, the Pennsylvania capital, may try within weeks to impose losses on creditors to solve a fiscal crisis that threatens its solvency and has landed it in state receivership. Such a move might prompt other distressed U.S. municipalities to pursue similar remedies.
-
Central European Distribution Corp., the Polish vodka distiller rescued by Russian billionaire Roustam Tariko last year, proposed swapping bonds for equity to cut its debt by more than $750 million.
-
Eastman Kodak Co., the 131-year-old camera company, may sell more than 1,100 digital-imaging patents to raise money for operations amid a booming market for intellectual property.
-
Eastman Kodak Co.’s cash balance may have dwindled further in the third quarter as the 131-year-old camera maker works to transform itself into a digital printing- equipment company.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page