Stephen Sigmund News
-
Tribune Co. got the final approval it needs to emerge from almost four years of bankruptcy today as the Federal Communications Commission granted the transfer of broadcast licenses to new owners.
-
The Port Authority of New York and New Jersey, faced with falling revenue, wants private investors to provide at least $1 billion to build a new Goethals Bridge , the 81-year-old, 1.3-mile (2-kilometer) span between New York City’s Staten Island and Elizabeth, New Jersey.
-
Derivatives signal Energy Future Holdings Corp. is persuading lenders it didn’t break terms of its credit agreement, a month after Aurelius Capital Management LP claimed the former TXU Corp. defaulted on a loan.
-
William Ackman, founder of hedge fund Pershing Square Capital Management LP, will “lose a lot of money” on his bet that Hong Kong will amend its currency peg to the dollar, city Chief Executive Donald Tsang said.
-
Washington Mutual Inc. failed for the second time to win approval for its plan to pay creditors more than $7 billion as a bankruptcy judge sided with opponents.
-
The Durst Organization won the right to be an equity partner with the Port Authority of New York and New Jersey in 1 World Trade Center , the 1,776-foot tower under construction at the Ground Zero site in lower Manhattan.
-
Energy Future Holdings Corp. , formerly known as TXU Corp., is rejecting an assertion by hedge fund Aurelius Capital Management LP that it’s in default on a $23.9 billion loan that financed its record buyout by KKR & Co. and TPG Capital.
-
Energy Future Holdings Corp., the Texas power company taken private in 2007 in the largest buyout in history, plans to sell $400 million of notes to partially repay intercompany debt that hedge fund Aurelius Capital Management LP has said violates the company’s credit agreement.
-
Energy Future Holdings Corp. , formerly known as TXU Corp., is rejecting an assertion by hedge fund Aurelius Capital Management LP that it’s in default on a $24 billion loan that financed its record buyout by KKR & Co. and TPG Capital.
-
The cost to protect Energy Future Holdings Corp. debt climbed on speculation over the outcome of hedge fund Aurelius Capital Management LP’s assertion that the power company is in default on a $23.9 billion loan.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page