YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Guitar Center Inc. filed for Chapter 11 bankruptcy.
The musical instrument and equipment retailer reached a deal for $375 million in debtor-in-possession financing. The company also is seeking to raise $335 million in a debt round.
Guitar Center earlier this month signed a restructuring agreement that includes a debt reduction of nearly $800 million. The deal also includes new equity investments of up to $165 million.
Read more from Reuters.
Logistics company Premier Truck Group is building a new truck sales and repair facility in Strafford, using precast contract, metal framing, thermoplastic polyolefin roofing and standing-seam metal in its construction.
Senior partner at New York Life Insurance Co. dies
O'Reilly Automotive board approves 15-for-1 stock split
The Wheelhouse plans move downtown
STL hospital surrenders state license
Ben & Jerry’s accuses parent company of removing CEO over political posts