Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

The furniture and mattress chain files for bankruptcy reorganization and closes stores.

With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy. The Atlanta-headquartered radio group formally disclosed its latest ...

The company's two Albuquerque stores will remain open. CEO Kenton Van Harten says the company is 'hopeful this gets resolved.' ...

Lila Kate Trucking, an Alabama-based carrier with 15 drivers, has filed for Chapter 11 bankruptcy protection. The post ...

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When a company files for Chapter 7 or Chapter 11, investors often lose out ...

Whether it is an exclusive hotel spa or the nail salon at a suburban strip mall, the beauty industry has faced significant ...

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The entrepreneur and ‘RHOA’ cast member is seeking Chapter 11 protection as her vegan burger chain navigates mounting debt and restructuring.

Cumulus Media Inc., an audio company with a corporate office located in Atlanta, Georgia, filed for Chapter 11 bankruptcy on ...