The Daily Docket: Lehman Brothers Raises Cash Estimate for Creditors...

02/03/15

The team unwinding Lehman Brothers Holdings Inc. boosted its estimate of how much cash it expects to bring in for creditors to $90.6 billion, buoyed primarily by a settlement with Lehman Brothers Bankhaus A.G., the German arm of Lehman’s investment-banking operation, The Wall Street Journal reports.

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Apple Inc. plans to invest $2 billion to build a data center in Arizona in the location where its failed sapphire manufacturing facility exists, the state announced Monday, WSJ reports.

The New York Stock Exchange said it is moving to delist the stock of RadioShack Corp. and will immediately suspend trading in the struggling consumer-electronics retailer’s shares, WSJ reports.

The founder of the holding company for 1st Mariner Bank, which filed for bankruptcy last year, had a secret life with the Central Intelligence Agency, WSJ reports.

Amazon.com Inc. might buy some RadioShack Corp. locations after the electronics chain files for bankruptcy, Bloomberg reports.

Japan’s Skymark Airlines Inc., the country’s biggest budget airline, is looking for a “business sponsor” to help it emerge from bankruptcy, Reuters reports.

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