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Celebrity Bankruptcies
Bankruptcy for the rich and famous? You bet. Here are a few celebrity bankruptcies noted today in Parade Magazine:
Mike Tyson
The former world heavyweight once had an estimated worth of $300 million. But with an incredibly lavish lifestyle — including pet tigers, a custom-built Bentley, and a removable glass roof on his mansion — [...]
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Anderson, Vanguard File Bankruptcy
Houses just aren’t selling
Sister companies Anderson Homes and Vanguard Homes — the latest residential real estate companies in the Triangle to succumb to the housing downturn — filed on Monday for Chapter 11 bankruptcy protection, according to an article today in the Triangle Business Journal.
In its bankruptcy documents, Anderson Homes, based in Cary, claims $17.2 [...]
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Phone Book Publisher Says “No” for Now
Will it be bankruptcy?
The Dallas Business Journal reported today that Idearc Inc.’s largest shareholder has issued a statement saying the company has no need to contemplate the possibility of filing for Chapter 11 bankruptcy in the future.
Idearc, headquartered at Dallas/Fort Worth International Airport, publishes telephone books and provides consumer information over the Internet. It [...]
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Blockbuster Stock Gets Dose of Confidence
Former competitor buys stock
According to the Dayton Business Journal , Blockbuster Inc.’s stock price rose 13.83 percent Monday morning to 74 cents per share. The increase came after the company received a vote of confidence from a former competitor who purchased additional stock in the company.
A Securities and Exchange Commission filing says Mark Wattles, [...]
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