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Investors suggest debt-saddled Bally's sell its ownership in closed Tropicana

An investment firm with a small stake in Bally's Corp. wants the casino operator to sell its ownership in the now-closed Tropicana Las Vegas. The firm doesn't believe Bally's has the ability to finance a new Strip development.

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Thomas Schmitt out as CEO at beleaguered Forward Air

Thomas Schmitt, the Forward Air CEO who put together the deal with Omni Logistics trashed by investors, is leaving the company. The post Thomas Schmitt out as CEO at beleaguered Forward Air appeared first on FreightWaves.

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What Moody's Cut To U.S. Outlook Means For Corporate Boards

Moody’s decision to revise its outlook on U.S. government credit ratings to negative has unanticipated implications for board governance and the use of the corporate voice.

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