No More Rdio Silence as Pandora Wins Approval to Buy Streaming-Music...
Pandora Media Inc. won approval to buy the assets of fallen streaming-music company Rdio Inc. for $75 million. The Wall Street Journal has the Daily Bankruptcy Review article here.
(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)
Hip-hop star and entrepreneur 50 Cent sued rapper Rick Ross for using a version of “In Da Club” without his permission to promote Mr. Ross’s latest album, Bankruptcy Beat reports.
Yellowstone Club founder Tim Blixseth likely will be spending Christmas in jail after all, DBR reports via WSJ.
WSJ reports on a possible recovery of the troubled city of Pontiac, Mich., which is still overseen by a state advisory board.
An appeals court won’t hear a fast appeal by Casesars Entertainment Corp. of a litigation ruling that wants to hold it to guarantees of billions in debt from its bankrupt operating unit, DBR reports.
Bondholders are questioning the bankrupt city of San Bernardino, Calif.’s plan to increase police spending, Reuters reports.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa
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