Carl Icahn is no stranger in this field -- he's been caught tussling with Motorola and bidding Yahoo's board adieu in recent years -- and most recently, he's managed to get caught up in one of the bigger wireless whirlwinds this planet has ever seen. Just months after Icahn swooped in to buy some $ 250 million in company debt at around 40 cents on … [Read more...]
Catalyst Paper obtains creditor protection
February 1, 2012 by
RICHMOND, B.C. - Pulp and paper producer Catalyst Paper Corp. (TSX:CTL) has secured up to $ 175 million in financing as it moves forward with restructuring under court protection from creditors.The struggling company said late Tuesday that JP Morgan agreed to provide debtor-in-possession financing during the CCAA process.Catalyst also received an … [Read more...]
