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Stock Market & Financial Investment News

News Breaks
January 30, 2013
16:43 EDTEDMCEducation Management sees Q3 EPS 20c-22c, consensus 19c
News For EDMC From The Last 14 Days
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December 16, 2014
08:54 EDTEDMCEducation Management says court denied motion filed by Marblegate
Education Management announced that the U.S. District Court for the Southern District of New York has denied the motion filed by Marblegate Asset Management and Magnolia Road Capital seeking to preliminarily enjoin the company from consummating its proposed debt restructuring. The court denied the injunction based on, among other things, the balance of equities and the public interest. The court also concluded on a preliminary basis that the plaintiffs are likely to succeed on the claim they have asserted under the Trust Indenture Act. The company respectfully disagrees with that aspect of the opinion and, based on the court's order, plans to move forward promptly with the restructuring.

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