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Guggenheim Hires Rothschild's Homer Parkhill in Restructuring Push

(Bloomberg) Guggenheim Partners is hiring a restructuring veteran from Rothschild & Co. as the firm beefs up its cadre of bankers to help fix ailing companies, according to people with knowledge of the situation.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled

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Mallinckrodt open to proposed transactions as it struggles to pay opioid settlement; stock rallies

Mallinckrodt PLC shares surged in the extended session Thursday after the Dublin-based drug maker and distributor said it was open to proposed transactions.

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Mallinckrodt Gets Second Extension on Opioid Settlement Payment

Mallinckrodt Plc has for the second time reached an agreement to further delay a $200 million opioid settlement payment that was due earlier this month as

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