Robbins Bros., an engagement ring retailer, has filed for Chapter 11 bankruptcy protection and proposed a plan to sell the company. Robbins Bros. sold a minority stake in 2005 to Weston Presidio and affiliate Dorset Capital. It has selected Weston Presidio and Spence Diamonds are lead bidders. www.robbinsbros.com
1 min read · 05 March 2009
1 min read · 05 March 2009
Westwood One (OTC BB: WWON) has agreed to a restructuring plan that includes private equity firm Gores Group increasing its stake in the radio broadcaster to 72.5 percent. Gores originally invested $100 million via a PIPE last year, and now would provide another $25 million in equity.
3 min read · 05 March 2009
2 min read · 05 March 2009
1 min read · 05 March 2009
1 min read · 05 March 2009
2 min read · 05 March 2009
1 min read · 05 March 2009
1 min read · 05 March 2009
4 min read · 04 March 2009