Charlotte Russe announced that it successfully completed an out-of-court restructuring, which reduced term loan debt from $214 million to $90 million, cut interest expense by approximately half, and extended the maturity date five years.
Drew Schaul, one of the leading retail real estate professionals in the Miami market, has returned to CBRE after a seven-year stint at Robert K. Futterman & Associates.
Why would the world's largest retailer want to buy a health insurance giant? On the surface, there doesn't seem to be much logic to a deal between Walmart and Humana.