Cerberus Capital Management , which leads a group of investors that own the West Coast’s Albertsons grocery chain, has received antitrust clearance to bid on the profitable core of the Haggen grocery chain, which is going on the bankruptcy auction block next week, The Wall Street Journal reports via The Daily Bankruptcy Review.
Film studio Relativity Media LLC pushed back a key hearing that was scheduled for Wednesday that would allow remaining objections to its bankruptcy plan to be heard. The Wall Street Journal has the Daily Bankruptcy Review article here.
The boat carrying George Clooney and his wife Amal Alamuddin, is surrounded by media and security boats as they cruise the Grand Canal after leaving the Aman luxury Hotel in Venice in 2014.
Teen clothing company Pacific Sunwear of California Inc. hired financial advisers as it struggles with a maturing debt load. The Wall Street Journal has the Daily Bankruptcy Review article here.
