Ryan Kavanaugh-Led Investor Group Completes Acquisition Of Relativity Media...
BEVERLY HILLS, Calif., Oct. 21, 2015 /PRNewswire/ -- Relativity Media LLC ("Relativity") today announced that a consortium of investors led by CEO and Chairman Ryan Kavanaugh have completed its...
View ArticleRyan Kavanaugh nails down deal terms for Relativity, needs court's OK
Ryan Kavanaugh Paul A. Hebert / Invision Ryan Kavanaugh is the founder and chief executive of Relativity Media. (Paul A. Hebert / Invision) Ryan FaughnderContact Reporter Ryan Kavanaugh and his group...
View ArticleRelativity nears TV unit sale
A spokesperson for the embattled company said an investor group led by Ryan Kavanagh has sold the unit for $125m as it emerged that financing issues...
View ArticleRelativity Reorganization Delayed Again by Bankruptcy Judge
A U.S. Bankruptcy Court judge has once again delayed the sale of Relativity Media’s remaining assets — but if all goes as planned, the company will emerge minus a half billion dollars in debt...
View ArticleNew Relativity Investor to Pump $29 Million Into Bankrupt Company
In more than a decade running an entertainment company in Hollywood, Ryan Kavanaugh has repeatedly defied predictions of the demise of his Relativity Media,...
View ArticlePacWest Bancorp Announces the Completion of Its Merger With Square 1...
-- Combined entity has over $21 billion in assets -- -- Square 1 Bank will operate as a new division of Pacific Western Bank -- LOS ANGELES, Oct. 07, 2015 (GLOBE NEWSWIRE) -- PacWest Bancorp...
View ArticleTPG Specialty Lending, Inc. Corrects Misleading Statements from TICC Capital...
TPG Specialty Lending, Inc. (“TSLX”; NYSE:TSLX), a specialty finance company focused on lending to middle-market companies, corrected statements made by TICC Capital Corp. (“TICC”; Nasdaq:TICC) in its...
View ArticleGE Comments on Federal Reserve Board's Approval of Synchrony Financial...
GE (NYSE:GE) announced today that Synchrony Financial has received approval from the Federal Reserve Board to become a standalone savings and loan holding company and to retain control of Synchrony...
View ArticleRelativity Media Bankruptcy Consultants Made $2.4 Million for 30 Days Work
For Relativity Media, going broke has proven quite expensive — the studio spent $2.4 million on its bankruptcy consultant for the first 30 days after filing for Chapter 11. FTI Consulting, under the...
View ArticleRelativity’s Kavanaugh hits financing snag
Relativity Media closed on the sale of its TV assets Tuesday — but changes to a separate financing deal complicated CEO Ryan Kavanaugh’s move to take control of the rest...
View ArticleRelativity’s Kavanaugh begins chipping away $95M debt
Relativity Media’s founder and fellow investors revealed Monday they’re chipping in $95 million to take the Hollywood studio’s non-television assets out of bankruptcy. It’s an...
View ArticleRelativity Bankruptcy: Stalking Horse Bidder to Pay $125M for TV Assets
Most of Relativity's television assets are now primed to go to a group of financial firms who...
View ArticleRelativity's Kavanaugh-Led Acquisition Moves Forward
BEVERLY HILLS, Calif., Oct. 22, 2015 /PRNewswire/ -- The following statement is being issued by Relativity Media LLC on behalf of Van Durrer II, Attorney for Ryan Kavanaugh (Chairman and CEO,...
View ArticleAlibaba Group Announces Non-Binding Proposal to Acquire All Outstanding...
Alibaba Group (NYSE:BABA) today announced that it made a non-binding proposal to the board of directors of Youku Tudou Inc. (NYSE:YOKU) (“Youku”) to acquire all outstanding shares of Youku, including...
View ArticleRelativity CFO Andrew Matthews Steps Down (Exclusive)
Andrew Matthews has stepped down as chief financial officer and co-chief operating officer of Relativity Media, Variety has learned. Relativity is currently...
View ArticleMetabolix, Inc. Announces $20 Million Common Stock Purchase Agreement With...
CAMBRIDGE, Mass., Oct. 07, 2015 (GLOBE NEWSWIRE) -- Metabolix, Inc. (NASDAQ:MBLX), an advanced biomaterials company focused on sustainable solutions for the plastics industry, today announced that it...
View ArticleRelativity And Ryan Kavanaugh Face Challenges In Keeping International...
Exclusive– Ryan Kavanaugh may yet get his beloved Relativity back- at...
View ArticleRelativity’s trip out of bankruptcy stalled by revisions
A frustrated Manhattan Bankruptcy Court judge on Thursday delayed ruling on “opaque” revisions to take Relativity Media out of Chapter 11....
View ArticleDaegis Inc. Enters into Agreement to Be Acquired by Open Text Corporation
Daegis Inc. (NASDAQ: DAEG) (“Daegis” or the “Company”) has entered into a definitive agreement with Open Text Corporation (NASDAQ:OTEX) (TSX:OTC) (“OpenText”) and an indirect wholly owned subsidiary of...
View ArticleEx-Relativity’s Tom Forman, Andrew Marcus on New Owners and ‘The World’s...
Relativity TV CEO Thomas Forman and his newly-minted president, Andrew Marcus, have many tasks ahead as they brush off the ashes of Chapter 11 bankruptcy. But first, a victory lap. “We’re taking one...
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