MDR - HoustonNewMedia.org https://houstonnewmedia.org/tag/mdr/ Building "Bridges" Across the Bayou City! Tue, 21 Jan 2020 14:00:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 MDR - HoustonNewMedia.org https://houstonnewmedia.org/tag/mdr/ 32 32 103504436 McDermott will file Chapter 11, finds bidder for Lummus Technology https://houstonnewmedia.org/mcdermott-will-file-chapter-11-finds-bidder-for-lummus-technology/?utm_source=rss&utm_medium=rss&utm_campaign=mcdermott-will-file-chapter-11-finds-bidder-for-lummus-technology Tue, 21 Jan 2020 14:00:57 +0000 http://houstonnewmedia.org/?guid=6c76a2707533be0fa3e49be54bed6825 Houston-based McDermott International Inc. (NYSE: MDR) plans to file for Chapter 11 bankruptcy protection on Jan. 21, now that it has a restructuring plan in place.

The company also announced Jan. 21 that it has found a stalking-horse bidder for its ...

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]]> 12571 McDermott reportedly discussing bankruptcy https://houstonnewmedia.org/mcdermott-reportedly-discussing-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=mcdermott-reportedly-discussing-bankruptcy Tue, 31 Dec 2019 13:25:11 +0000 http://houstonnewmedia.org/?guid=708db5611707f806370c25cd80846cc8 Houston-based McDermott International Inc. (NYSE: MDR) reportedly is discussing filing for bankruptcy in the near future.

People familiar with the situation told the Wall Street Journal and Bloomberg that HPS Investment Partners and Baupost Group LLC ...

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]]> 6612 McDermott warned of delisting from NYSE https://houstonnewmedia.org/mcdermott-warned-of-delisting-from-nyse/?utm_source=rss&utm_medium=rss&utm_campaign=mcdermott-warned-of-delisting-from-nyse Fri, 13 Dec 2019 23:34:49 +0000 http://houstonnewmedia.org/?guid=cdae0193dfdc432db6ed0d14f8e0c9be Houston-based McDermott International Inc. (NYSE: MDR) is the latest energy-related company to receive a delisting warning from the New York Stock Exchange.

The NYSE informed McDermott on Dec. 13 that the average closing price of the company's shares ...

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