Ousted CEO Dov Charney looms over American Apparel bankruptcy
Dov Charney, founder and former chief, could influence American Apparel Inc. Chapter 11 proceedings after a restructuring deal shifts control to its largest bondholders. Charney owns about 43 percent and may object, delay, or propose a competing plan while a court approves the plan and exclusivity lasts.
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Los Angeles
Matt Cov
Ington
Conway MacKenzie
ABC
Jasmin Yang
Snell & Wilmer
American Apparel
Dov Charney
Dov
Covington
Yang
Meruelo Maddux Properties
Paula Schneider
Standard General
New York
Playboy interview push signals shift in nudity policy
For every newsmaker who agreed to a Playboy interview, many declined to keep words separate from naked images. Hugh Hefner approved removing full nudity, as editor Cory Jones presented the idea. The Times notes smaller circulation now versus 1975, with changes aimed at a collectible feel.
MENTIONED IN THIS ARTICLE
Playboy
Bensin
Associated Press
the Times
Hugh Hefner
Cory Jones
Alliance For Audited Media
AB InBev SABMiller merger targets global beer market
The proposed all cash deal values SABMiller at 44 pounds per share and creates a merged group with about 31 percent global beer market share. Regulators may require asset sales. Fitch warns on $125 billion debt while executives highlight possible job cuts and cost savings.
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Colley
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Marlboro
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Colombia
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London
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Ross School of Business
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Twitter to restructure as it trims workforce and costs
analyst Victor Anthony at Axiom Capital calls Twitter a work in progress as it eyes higher engagement and growth. Dorsey notes a tough decision to streamline product and engineering, with up to 20 million in severance costs. coworkers discuss leadership and timing of layoffs and structural changes.
MENTIONED IN THIS ARTICLE
Victor Anthony
Axiom Capital Management
Twitter
Dorsey
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