The denim company, which was taken private in 2013, faces a high risk of default.
The company is on the prowl.
Teleflex has agreed to acquire the medical device company for about $1 billion after the target and its CEO were acquitted in a criminal case earlier in the year.
Family-owned hog producer Maschoffs LLC owned GNP for three years, during which time revenues increased 15%.
The India pharma giant also purchases an 85.1% interest in Biosintez for $60 million.
Industry followers continue to see M&A as a way to fuel a turnaround for the beaten down space, and are now looking for first movers with oil above $50.
Wenner Media's pop culture magazine agrees to sell a 49% stake to BandLab Technologies and will use the new investment to expand into new markets overseas.
The natural gas operator installed two new directors, including the former CEO of Occidental Petroleum, as Keith Meister calls off a change-of-control proxy fight
The seller will use the $400 million in proceeds to pay down its $984 million in net liabilities, while Eagle Materials will tack on some more debt of its own.
The lack of clarity around the restaurant chain and packaged foods business strategic review suggests that insurgent Tom Sandell may escalate his insurgency.
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