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Galaxy Universal, LLC. has agreed to acquire the And1, Avia, Gaiam, and SPRI brands as part of the bankruptcy proceedings of Sequential Brands Groupn, Inc. for approximately $330 million.

2,800 penny stocks are going to be de-listed soon, but that doesn't mean that all penny stocks are completely worthless.

Article content (Bloomberg) — The biggest U.S. banks that borrowed heavily at the end of last quarter are reporting earnings next week and may access the investment-grade market for new capital. Meanwhile, Asurion LLC is expected to wrap up one of the largest dividend-linked debt deals in the leveraged loan market. Wall Street syndicate desks are projecting as much as $40 billion in high-grade bond sales in the next five trading days, more than double the $16 billion sold week. The big six domestic banks are candidate to sell debt, while Yankee issuers, which accounted for 90% of week’s s...

(Bloomberg) -- The troubled owner of Jessica Simpson’s brand is nearing a deal to sell its majority stake in the fashion line back to the singer and offload other assets as part of a potential Chapter 11 bankruptcy filing, according to people with knowledge of the plans.Sequential Brands Group Inc. had been seeking to sell off its assets to avoid a cash crunch while it negotiated with creditors, but is now preparing to unload its brands under a process that will likely take place in court, said