Samson Investment Holding entered into a contract last month to buy the Hamilton Square showroom building here at 101 S. Hamilton St. A document filed with the Guilford County Register of Deeds provides for a closing date of June 27, but ...
Tags: Samson, High Point, Hamilton Square Building
TUCSON, AZ (BRAIN) — Trisports.com has filed for Chapter 11 reorganization, citing a downturn in business stemming from problems with a new software system, competition from online retailers and the closure of a second retail store in ...
PPG Industries has announced that the United States Bankruptcy Court for the Western District of Pennsylvania issued a revised opinion and final order confirming the current Pittsburgh Corning plan of reorganization. The court previously ...
Tags: PPG Industries, Construction
Exor, the main shareholder in Italian carmaker Fiat, has sold 15% stake in its Swiss inspection services firm, SGS, to Belgian investment firm Groupe Bruxelles Lambert’s subsidiary, Serena of (GBL) for about EUR2bn. The move frees ...
Tags: Fiat Owner, SGS Stake
PPG Industries announced that the United States Bankruptcy Court for the Western District of Pennsylvania issued an opinion and interim order confirming the current Pittsburgh Corning plan of reorganization. PPG and Corning Incorporated ...
Tags: Construction
Coda Automotive May 1 announced bankruptcy protection. It has been the second US electric car manufacturer heading bankruptcy since the year beginning. The company's cooperation with Great Wall Motors and Hafei Auto would be influenced. ...
Tags: Coda Automotive, Transportation, car
The California-based assembler of the Chinese-made Coda electric car has filed bankruptcy. Coda Holdings, Inc. filed a voluntary petition for Chapter 11 bankruptcy protection with the District of Delaware overnight, which is intended to ...
Tags: electric vehicles, Coda Files
Luxury plug-in hybrid carmaker Fisker Automotive looks set to file for bankruptcy protection in the US as soon as this week, according to latest reports. Under pressure from the US Department of Energy (DOE) to re-pay nearly US$200 ...
BOWLING GREEN, Ky. — Eagle Inds. has laid off about 250 workers at its plant here and says it is in talks with an investor for a possible purchase of the entertainment furniture and case goods manufacturer. Eagle was asked to ...
Tags: Eagle Inds
Italian car maker Fiat expects to complete the merger of its partner, the Chrysler Group by 2014 in the US. Fiat-Chrysler CEO Sergio Marchionne was quoted by Repubblica newspaper as saying that the company will succeed in doing it. "We ...
IDG News Service - Former Atari Interactive CEO Frederic Chesnais has decided to take a 25.23% stake in the company in a bid to save it from bankruptcy, Atari announced Tuesday. He will pay principle shareholder BlueBay just 400 euros for ...
Tags: Computer Products, company news
JBS, a Brazilian meat manufacturer, has completed the acquisition of beef processor Independencia for BRL268m ($142.8m). JBS had announced its intention to acquire Independencia's beef business in April 2012. The company funded the ...
Residential and commercial tufted carpet manufacturer Gulistan Carpet Inc., Aberdeen, N.C., has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code for the Middle District of North Carolina. The ...
Tags: tufted carpet, Gulistan Carpet, company news
Iconic video game company Atari has filed for bankruptcy protection in the U.S. in an effort to separate operations from parent company Atari SA, which is based on France and has also filed for bankruptcy. Atari, Atari Interactive and two ...
Tags: Iconic video game, Atari, bankruptcy
Videogame maker Atari, which delighted a generation with vintage masterpieces such as Pong, Centipede and Lunar Lander, is immersed in its own life and death struggle. With arcade games predating the birth of many current generation ...
Tags: Atari, vintage masterpieces, game, bankrupt