Centerbridge

Blackstone Real Estate Partners IX (NYSE: BX) is acquiring a 65% controlling interest in Great Wolf Resorts and as part of the transaction, Blackstone and Centerbridge will form a new $2.9 billion joint venture to own the company. Great Wolf is an operator of family-oriented entertainment resorts,...

Valeant Pharmaceuticals Intl Inc (NYSE: VRX) investors may have been surprised yet again Tuesday afternoon as the company announced it received a notice of default from bondholders. In a press release published at 5 p.m. EDT, Valeant highlighted the notice of default as related to the company...