financetom
Business
financetom
/
Business
/
Update: Market Chatter: Conn's Hires Financial, Operational Advisers for M&A, Debt Help
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Conn's Hires Financial, Operational Advisers for M&A, Debt Help
Jun 26, 2024 12:59 PM

03:38 PM EDT, 06/26/2024 (MT Newswires) -- (Updates with Houlihan Lokey and Berkeley's responses in the third paragraph.)

Home goods retailer Conn's (CONN) has enlisted the help of financial and operational advisers to rework its debt load and integrate a rival chain of stores it bought last year, Bloomberg reported, citing people familiar with the matter.

Conn's has hired Houlihan Lokey (HLI) as a financial adviser and Berkeley Research Group as an operational adviser, the people reportedly told Bloomberg.

Houlihan and Berkeley declined to comment, Conn's did not respond to MT Newswires' request.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 1.70, Change: -0.27, Percent Change: -13.52

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pure Storage Insider Sold Shares Worth $1,075,703, According to a Recent SEC Filing
Pure Storage Insider Sold Shares Worth $1,075,703, According to a Recent SEC Filing
Apr 17, 2024
04:33 PM EDT, 04/17/2024 (MT Newswires) -- Andrew William Fraser Brown, Director, on April 15, 2024, sold 20,564 shares in Pure Storage ( PSTG ) for $1,075,703. Following the Form 4 filing with the SEC, Brown has control over a total of 24,400 shares of the company, with 24,400 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1474432/000147443224000050/xslF345X03/wk-form4_1713385663.xml ...
Toast Insider Sold Shares Worth $1,145,033, According to a Recent SEC Filing
Toast Insider Sold Shares Worth $1,145,033, According to a Recent SEC Filing
Apr 17, 2024
04:32 PM EDT, 04/17/2024 (MT Newswires) -- Jonathan Vassil, Chief Revenue Officer, on April 15, 2024, sold 50,000 shares in Toast (TOST) for $1,145,033. Following the Form 4 filing with the SEC, Vassil has control over a total of 25,422 shares of the company, with 25,422 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1650164/000165016424000132/xslF345X03/wk-form4_1713385678.xml ...
Cohen & Steers Q1 Adjusted Earnings, Revenue Fall
Cohen & Steers Q1 Adjusted Earnings, Revenue Fall
Apr 17, 2024
04:31 PM EDT, 04/17/2024 (MT Newswires) -- Cohen & Steers ( CNS ) reported Q1 adjusted earnings Wednesday of $0.70 per diluted share, down from $0.76 a year earlier. Analysts polled by Capital IQ expected $0.71. Revenue for the quarter ended March 31 was $122.7 million, down from $126.1 million a year earlier. Analysts surveyed by Capital IQ expected $125...
Las Vegas Sands Q1 Adjusted Earnings, Revenue Rise
Las Vegas Sands Q1 Adjusted Earnings, Revenue Rise
Apr 17, 2024
04:32 PM EDT, 04/17/2024 (MT Newswires) -- Las Vegas Sands ( LVS ) reported Q1 adjusted earnings late Wednesday of $0.75 per diluted share, up from $0.28 a year earlier. Analysts surveyed by Capital IQ expected $0.62. Revenue for the quarter ended March 31 was $2.96 billion, up from $2.12 billion a year earlier. Analysts polled by Capital IQ expected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved