Bankruptcy & Restructuring News Headlines for Tuesday Apr 26, 2022

Here's what we are reading this morning:

Elon Musk to Acquire Twitter: Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion

India's Future Group stocks plunge after Reliance deal falls through | Reuters: Shares of Future Group companies fell sharply on Monday, some as much as 20%, after India's biggest retailer Reliance called off its $3.4 billion deal with the group over the weekend, pushing its flagship Future Retail towards a possible bankruptcy process.

World Trade Center mall could be a hard sell for owner URW: Mall operator Unibail-Rodamco-Westfield, which said it plans to unload most or all of its US shopping centers by the end of 2023, might find the World Trade Center retail complex anchored by the Oculus a hard sell.

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