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Top related persons:
Aparna Yenamandra - 1 Yenamandra - 1 Andrew Rosenberg - 1 Joshua Sussberg - 1 Michael Kaplan - 1 Kaplan - 1
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Los Angeles , California Trenton , New Jersey
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Pharmacy - 1 U.S . Department of Justice - 1 McKesson Corp - 1 Aid - 1 Rite Aid - 1 Aid's - 1 Brigade Capital Management - 1 HG Vora Capital Management - 1

Search resuls for: "HG Vora Capital Management"


2 mentions found


☆ Rite Aid reaches bankruptcy settlement with lenders, DOJ, McKesson
  + stars: | 2024-03-26 | by ( ) www.cnbc.com   time to read: +2 min
The Rite Aid logo is displayed above a Ride Aid store on December 21, 2022 in Los Angeles, California. Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp , clearing a path for Rite Aid to complete its bankruptcy case by late April, a company lawyer said Tuesday. "We have reached an agreement on all key points with all key economic stakeholders," Rite Aid attorney Aparna Yenamandra said at a bankruptcy court hearing in Trenton, New Jersey. Before it filed for bankruptcy, Rite Aid faced over 1,600 lawsuits alleging that pharmacy chain ignored red flags and illegally filled prescriptions for addictive opioid medication. Rite Aid received bankruptcy court approval to sell its pharmacy benefit company, Elixir, in January.
Persons: Aparna Yenamandra, Yenamandra, Andrew Rosenberg, Joshua Sussberg, Michael Kaplan, Kaplan Organizations: Pharmacy, U.S . Department of Justice, McKesson Corp, Aid, Rite Aid, Aid's, Brigade Capital Management, HG Vora Capital Management, Morgan Investment Management, U.S Locations: Los Angeles , California, Trenton , New Jersey
☆ Apollo Global exploring takeover of Ryder System - Bloomberg
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +1 min
Sept 27 (Reuters) - Apollo Global Management (APO.N) is exploring a takeover of freight services provider Ryder System (R.N), Bloomberg News reported on Tuesday citing people with knowledge of the matter. Apollo and Ryder did not immediately respond to Reuters requests for comment. The potential bid comes months after Ryder rejected hedge fund HG Vora Capital Management's offer to acquire the company for $4.4 billion. Last month, Apollo led a group to take air-freight company Atlas Air Worldwide Holdings Inc (AAWW.O) private for nearly $3 billion. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Kannaki Deka in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
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