CBL announced it had closed on $1.18 billion in financing that will allow it to avoid debt maturities coming due soon and focus its resources on renovating its portfolio of 62-plus malls.
Sears Holdings Corp.’s unsecured creditors were in bankruptcy court on Monday to protest Eddie Lampert’s last-minute $5.2 billion bid via his ESL Investments firm to keep the struggling company afloat.
Last fall, California became the first state to pass a law requiring publicly traded corporations to add women to their boards. Hmm, “All male? Go to jail.” Not quite.