Tags: Bankruptcy
Tribune Engages Banks for Sale Assessment
Tribune Puts Up Assets for Sale The Tribune Corp has engaged the services of two of the top investment banks to assess sales opportunities for its newspaper unit.
CEDC Falling Share Price Due to Concerns on Debt Payment
CEDC on the brink of bankruptcy amidst debt payment concerns. The Central European Distribution Corp, the Polish vodka maker, has seen its share price value fall by as much as 58% in the NYSE because of concerns as to its ability to repay debts that would fall due next month.