Bankruptcy & Restructuring News Headlines for Thursday Nov 7, 2024

Here's what we are reading this morning:

Planet Fitness bids for bankrupt Blink Fitness: Planet Fitness’s initial bid was rejected in part because of concerns around antitrust considerations, people familiar with the matter told CNBC. In making a subsequent play for Blink, Planet Fitness has submitted two offers, according to the filings.

IHeartMedia Conducts Layoffs : The radio and podcasting company is letting go of less than 5 percent of its workforce, which is currently around 10,000 employees

Stellantis will cut 1,100 jobs at Toledo's Jeep Gladiator plant: Stellantis NV said Wednesday it plans to cut a shift at its Toledo plant that builds Jeep Gladiator pickups, which will result in about 1,100 indefinite layoffs by early next year

AMC Entertainment posts revenue decline due to fewer big releases: AMC Entertainment on Wednesday reported a fall in third-quarter revenue and saw a decline in attendance at its theater chain, hurt by fewer blockbuster releases from Hollywood studios





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