Brazilian beef group JBS has completed the acquisition of local indebted beef processor Independencia Group. JBS, which announced last April it wanted to buy the business, today (1 February) confirmed it had concluded the deal made for ...
Tags: JBS, beef group, beef processor
Credit Umbrella Inc. is a reputable company that has made a mark in the industry by providing user-friendly credit repair software. It has now announced to offer TurboScore® Home Edition 2012 to the clients at a great discount. This ...
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
In a federal bankruptcy court in Delaware Thursday, RG Steel's official committee of unsecured creditors asked for approval of a motion for an order that would allow them to settle certain claims on "behalf of the debtors' estates against ...
Tags: RG Steel, Steel, Steel industry
Cargill has secured a deal to acquire two animal feed mills from the bankrupt Pennfield Corporation in the US for US$9.8m. Cargill said today (18 January) that the deal for the mills, located in Mount Joy and Martinsburg in Pennsylvania, ...
LOS ANGELES — Three creditors of online retailer LuxeYard have filed a petition in U.S. Bankruptcy Court here to force the company into Chapter 7 liquidation. The creditors, including Thomasville, N.C.-based upholstery resource Ison ...
Tags: LuxeYard, LOS ANGELES, Three Creditors, Direct Resource Ltd
Computerworld - Mobile payment technologies are finally vaulting forward in the U.S. after years of slow advances. The biggest move ahead could occur in September, when Apple is widely expected to embrace a mobile payment scheme with its ...
Tags: Mobile payment technologies, mobile payment network, Apple, mobile
Eastman Kodak has told a bankruptcy court that it is exploring alternatives to the auction of its digital imaging patents, including keeping the patents and setting up a licensing company to repay creditors. Kodak filed in June a motion ...
Tags: Kodak mulls, patents auction, licensing company, Computer Products
Micron Technology announced today that it will acquire struggling Elpida Memory, the third largest producer of DRAM memory, for $750 million and will also take over $1.75 billion in Elpida's debt. Tokyo-based Elpida filed for bankruptcy ...
Tags: Micron Technology, Elpida Memory, DRAM memory, Elpida's debt
Proview known as Apple's Chinese IPAD trademark foe,has intended to attract over 100 million yuan(£10m)in funding to launch an LED lighting and bio-energy firm. Proview invested a whopping$155m(£99m)in its LED manufacturing ...
Tags: LED China Apple Proview
Medical technology company MagForce is planning to raise approximately€33.5m as part of its restructuring plan to safeguard its long-term existence. Under the restructuring plan approved the company's Supervisory Board,MagForce's ...
Vitro announced yesterday it has initiated a process in a Mexican court aimed at recovering close to $1.6 billion USD in damages resulting from lawsuits which placed the company and 17 subsidiaries into involuntary bankruptcy, later ...
Tags: Vitro, Mexican glassmaker, glass, Construction
One of the toy industry’s most endearing qualities is its many stories of enterprising individuals from humble origins who achieve spectacular success. We all know of people. From manufacturers and distributors to retailers and ...
Tags: jon salisbury, Toys, toy business, columnist's attention
Magasins de jouets sans frontières? Do you remember the TV game show It’s A Knockout or the Peter Gabriel song Jeux Sans Frontières? Now it’s toy shops’ turn to expand beyond traditional frontiers. ...
Tags: jon salisbury, Toys, toy shop, dream toy
Blenko Glass Co.is about to emerge from bankruptcy,and its owners say they're confident they can maintain and grow the market for the specialty glass they produce. U.S.Bankruptcy Court Judge Ronald Pearson approved Blenko's reorganization ...
Tags: Blenko Glass Co., bankruptcy, glass