Lantern Capital made a "stalking horse" bid for the movie studio, which filed Chapter 11 following the downfall of co-founder Harvey Weinstein.
The ear-piercing specialist says its core business is poised for growth but its debt burden is no longer sustainable.
The bankrupt retailer says it will shut down all its U.S. stores after a disastrous holiday season thwarted its turnaround effort.
America's largest radio station owner says "business realities" forced it into Chapter 11 despite its "impressive operating business."
The iconic gun maker cites "difficult industry conditions" in announcing it has reached a debt-reduction agreement with creditors.
The printing and envelope firm's sales have fallen as customers shift to electronic media for their billing and advertising needs.
The retailer says the closures are a "critical component" of its business plan as it seeks to emerge from bankruptcy.
“The debt overhang left by previous years of underperformance remains a significant financial challenge," the radio station owner's CEO says.
The proceeds from the deal will be used to cover legal costs resulting from the exploding airbag scandal that drove Takata into Chapter 11.
The Western Kentucky coal producer's bankruptcy illustrates the challenges facing President Trump's vision of a coal industry revival.