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Ocwen Financial Corp. (OCN) has hired Moelis & Co. LLC and Barclays Capital Inc. to run a review of strategic options and also to advise on potential capital structure adjustments.
Should CBS combine its radio business with Cumulus? One hedge fund thinks so.
A federal judge has declared Puerto Rico's debt restructuring law unconstitutional, leaving the commonwealth without a formal framework for restructuring its debt.
Rockport Co. LLC, a New England-based shoe business that emphasizes the comfort of its wares, has been snapped up in an M&A deal.
Institutional Shareholder Services has reversed its previous position and now backs an $8.7 billion merger between Family Dollar Stores Inc. and Dollar Tree Inc.
Activist shareholder Starboard Value sent a strongly-worded letter to Yahoo! Inc. this week, criticizing M&A rumors and tax strategies for the company's stake in Chinese online commerce giant Alibaba.
More than 50% of first-lien bondholders at Caesars Entertainment Corp.’s operating unit have signed on to the unit’s restructuring plan.
It now has the support of more than 50% of first-lien bondholders for the restructuring of its operating unit.
The company's bonds also fall as Brazilian officials include it in Petrobas bribery investigation.
The deal will aid the casino owner as its operating company restructures $18.6 billion in debt.