Metroland Media Group says it plans to end the print editions of its community newspapers and will exit the flyer business as it seeks protection under the Bankruptcy and Insolvency Act as part of a restructuring plan.
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Canadian Press NewsAlert: Metroland Media Group seeks bankruptcy protectionTORONTO — Metroland Media Group says it plans to end the print editions of its community newspapers and will exit the flyer business as it seeks protection under the Bankruptcy and Insolvency Act as part of a restructuring plan. More coming.
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Nordstar puts Metroland newspaper group into bankruptcy, more than 70 weekly papers to go digital onlyNordstar-owned Metroland Media Group says the move came in response to ‘unsustainable financial losses stemming from the changing preferences of consumers and advertisers’
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Canada's Canopy Growth seeks bankruptcy protection for BioSteel unit(Reuters) - Pot producer Canopy Growth said on Thursday it would seek bankruptcy protection for its sports nutrition products' segment BioSteel. Canopy ...
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Canopy Growth seeks bankruptcy protection for BioSteel to trim costsCanopy's shares rose 9.6% in early trade after the company said it expects to lower debt by C$95 million over the next two quarters. The company has been grappling with liquidity issues and has taken several steps to turn profitable including job cuts, exits from some international markets, store closures and divestiture of its retail business across Canada. Canopy first raised doubts about its ability to continue as a going concern in June and reiterated in August.
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Trucker Yellow Paid Executives Millions Just Before BankruptcyJust weeks before closing its doors and dismissing thousands of employees, Yellow Corp. doled out millions of dollars in bonuses to executives so they wouldn’t leave the trucking firm during its chaotic unraveling, court papers show.
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Student loans: Could filing for bankruptcy be best for borrowers?Student loan repayments are set to restart in October. What should U.S. borrowers know concerning where to find relief and what to avoid? Yahoo Finance's Rachelle Akuffo and Ronda Lee are joined by Student Defense Vice President and Chief Counsel Dan Zibel and Boies Schiller Flexner Partner Adam Shaw to talk about the 'predatory' nature of many private student loan companies and the for-profit colleges that partner with them. Zibel notes many accredited universities attract potential students by promising them opportunities and easy access to funding through private loans. Shaw encourages U.S. borrowers to reassess their finances and even consider whether “bankruptcy is right for them because there may be a path there now that was not there before.” Click here to watch more of Yahoo Finance's special coverage 'Student Loans: Smarter Strategies.'
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