The number of "weakest link" companies has declined substantially from the record highs reached roughly a year ago, according to a report from Standard & Poors. There were 203 such companies as of March 10, down from 298 one year ago.
British clothing company Phillips-Van Heusen will acquire Tommy Hilfiger Corp. for about $3 billion.
Centaur LLC, a horse track, off-track betting and casino operator based in Indianapolis, filed for Chapter 11 bankruptcy protection in Delaware on Saturday.
PrinceRidge has added three managing directors John McNicholas, Valerie Red-Horse and Ron Zampolin to its corporate finance team.
Centerbridge and Paulson, both New York investment firms, will invest $225 million in the Spartanburg, S.C., hotel chain, as well as backstop its $225 million rights offering.
A veteran dealmaker, who built his own firm while major competitors were reeling, now has some advice for Wall Street.
Investors in Dollar General's IPO were betting on a change in consumers' shopping habits.
DIP financing and holding bondholders at bay helped keep General Growth Properties workout on the tracks.
A marriage between the entertainment titans Disney and Marvel has proved a smash hit with the investment community.
For anyone venturing into the amusement park business, the big question is when will consumers return with open wallets and will that be enough to cover expenses?