New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 12, 2012
18:44 EDTKV.A, HOLXKV Pharmaceutical secures $85M loan for payments under reorganization plan
K-V Pharmaceutical announced that it has received a commitment from lenders led by an affiliate of Silver Point Finance for $85M in senior secured post-petition debtor-in-possession financing, which the company intends to use to, among other things, satisfy the terms of its recently filed settlement agreement with Hologic (HOLX), provide additional financial flexibility during the pendency of the company's Chapter 11 proceeding and fund certain payments under a proposed reorganization plan. The new DIP financing, the Hologic Settlement and the reorganization plan are each subject to approval of the U. S. Bankruptcy Court for the Southern District of New York. The Hologic settlement confirms K-V's continued ownership of Makena and will resolve all bankruptcy related disputes between K-V and Hologic, and provides for mutual releases of all claims between the parties. Under the proposed reorganization plan, K-V expects to emerge from Chapter 11 with its entire product portfolio, including Makena, Clindesse, Gynazole-1 and Evamist.
News For A;HOLX From The Last 14 Days
Check below for free stories on A;HOLX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 30, 2014
16:13 EDTHOLXHologic sees Q4 EPS 41c-42c, consensus 35c
Subscribe for More Information
16:12 EDTHOLXHologic raises FY14 EPS view ex-items to $1.44-$1.45 from $1.37-$1.40
Subscribe for More Information
16:05 EDTHOLXHologic reports Q3 EPS 37c, consensus 34c
Reports Q3 revenue $632.6M, consensus $621.89M.
July 29, 2014
08:15 EDTA, HOLXEnzo Biochem announces August 18 as date of Markman hearing in lawsuit
Subscribe for More Information
July 24, 2014
11:01 EDTAAgilent signs co-marketing agreement with MRM Proteomics
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use