DUBAI/WAM Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, met today with …
Read More »Toys ‘R’ Us secured lenders reject paying for worker severance
Bloomberg The private equity owners of Toys ‘R’ Us may be taking unprecedented steps towards supporting the company’s former workers, but the lenders that financed its bankruptcy — and ultimate liquidation — are making no such promises. Angelo Gordon & Co. LP and Solus Alternative Asset Management don’t plan to contribute any more cash to benefit Toys ‘R’ Us employees …
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