Bankrupt Trucker Yellow Taps Estes Express for $1.3 Billion Real-Estate Sale
Bankrupt trucking company Yellow has struck a deal to sell its real estate to rival Estes Express Lines for a…
Splitit Payments Takes Private Equity Backing in Pursuit of Large Merchants, CEO Says
SYDNEY—Splitit Payments will delist with the backing of private-equity company Motive Partners in the hope of attracting large merchant customers…
Israeli AI Startup Vesttoo Files for Bankruptcy Following Fraud Allegations
Vesttoo, an Israeli startup that aims to use artificial intelligence in the insurance industry, filed for bankruptcy in the U.S.…
Wheels Up Nears $500 Million Rescue Deal From Investors, Delta
Private jet membership company Wheels Up Experience said Tuesday that it would receive up to $500 million in rescue financing…
WSJ News Exclusive | Angeles Equity Partners Wraps Up Second Fund Above Its Target
Angeles Equity Partners has closed its second fund, giving the operations-focused private-equity firm its largest pool of capital yet to…
Nikola Stock’s Rollercoaster Ride Isn’t Over Yet
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Cargo Airline Western Global Files for Bankruptcy to Cut Debt
Western Global Airlines has filed for bankruptcy with a plan to cut its debt after the employee-owned cargo carrier faltered…
Warren Buffett Isn’t Worried About the Fitch Downgrade
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Ares Aims to Collect $2 Billion for New Infrastructure-Secondaries Fund
Ares Management is raising its first infrastructure-secondaries investment vehicle since entering the market by way of an acquisition in 2021,…
Mining Tech Startup Raises $28 Million Amid Critical Minerals Rush
Australian mining tech startup Plotlogic has raised $28 million in Series B financing as attention grows on the need for…