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Follow us Get news via Twitter Become a fan Join us on Facebook Subscribe Net News via RSS Larry Wilson Files Petition At FCC Challenging Alpha Media s Emergence From Bankruptcy April 16, 2021 at 5:05 AM (PT) Wilson LARRY WILSON has filed a Petition to Deny with the FCC against ALPHA MEDIA s application to transfer its licenses out of debtor-in-possession status as the company emerges from bankruptcy. WILSON, the founder in 2009 of ALPHA s predecessor ALPHA BROADCASTING and a minority shareholder of ALPHA MEDIA parent ALPHA MEDIA HOLDINGS, LLC, alleges that private equity funds took control of the company from its board, ran the company into the ground by attempting to cut costs to achieve profitability, and then used a prepackaged bankruptcy plan to wipe out creditors and minority stockholders in favor of proposed foreign-owned lenders and stockholders. WILSON names CEO BOB PROFFITT and board members NOEL STR ....
Los Angeles-based private investment firm realizes its investments in a market leading site development business focused on the data center market. Stamford, Connecticut, United States., February 23, 2021 - /PressReleasePoint/ – Breakwater Management LP (“Breakwater”), a provider of flexible capital solutions to growing lower middle market companies, announced today that its portfolio company Brown & Settle Investments, LLC (“B&S” or the “Company”) recently completed a recapitalization transaction in partnership with Alaris Equity Partners Income Trust (“Alaris”). The Alaris investment resulted in a full repayment of Breakwater’s senior secured credit facility and preferred equity, and a meaningful return on Breakwater’s common equity position. ....
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