Tag: bankrupt

Newsmakers July 13, 2020

Under New Ownership, McClatchy Could Offload $1.4 Billion Pension Assets to PBGC

The bankrupt newspaper chain’s retirement obligations propelled it into Chapter 11, but the new owner, hedge fund Chatham, will get a clean slate.

Coronavirus - COVID-19 March 19, 2020

Lock Down the US to Save It from Virus, Ackman Says

‘Hell is coming,’ the activist investor admonishes, calling for more stringent measures while the nation reels economically.