Boy Scouts Trust Hoping for Record Bids on Rockwell Paintings: Pieces from the Boy Scouts of America’s art collection, including five paintings by Norman Rockwell, will be auctioned off this week for the benefit of a trust established through the organization’s bankruptcy to compensate sexually abused former scouts.
Wonder Group to buy food delivery service Grubhub for $650 million: The deal price reflects a dramatic decline from Grubhub's $7.3 billion valuation in 2020, and is the latest transaction in a food delivery sector that continues to struggle post pandemic
Spirit Airlines Moves Toward Bankruptcy Filing After Frontier Drops Merger Bid - WSJ: The budget carrier is in advanced discussions with bondholders over a filing that could occur within weeks
Vroom, Once an Automotive Darling, Files for Bankruptcy - WSJ: The financing and analytics company, no longer in the used-car selling business, plans a debt-for-equity swap backed by Mudrick Capital Management
Three Arrows Ups Bankruptcy Claim Against FTX to $1.5 Billion: Liquidators for fallen cryptocurrency hedge fund Three Arrows Capital Ltd. are seeking to increase their claim against bankrupt cryptocurrency exchange FTX Trading Ltd. from $120 million to $1.53 billion.
AI frenzy allows old school US telecoms to dodge death: Big Tech deals may have thrown a lifeline to Lumen and its moribund peers
