TLC Vision, Senior Lenders See Eye-to-Eye on Swap
TLC Vision (USA) Corp., an eye care company that sponsors golfer Tiger Woods, has filed for bankruptcy protection after reaching terms on a debt-for-equity swap with its senior lenders… Read More

Survey: Energy, Financials May Lead Rebound in Takeovers
Energy and financial-services companies may lead a rebound in takeovers in 2010 after the value of acquisitions worldwide dropped 34 percent this year… Read More

Nortel Seeks Sale of Carrier VOIP Business for $282 Million
Bankrupt telecom equipment maker Nortel Networks Corp. has sought court approval to sell certain assets of its carrier voice over Internet protocol (VOIP) and application solutions business to Genband Inc. for $282 million… Read More

FDIC Draws Brisk Bidding on Loans by Failed Banks
Investors are jostling for the chance to buy a $1.1 billion package of commercial real-estate loans extended by failed banks, as these once-toxic assets are attracting increased interest… Read More

Ford Reaches Deal to Sell Volvo to Chinese Automaker
Ford Motor Co. said today that it and Zhejiang Geely Holding Group had settled "all substantive commercial terms" on a sale of Volvo, clearing the way for the Chinese automaker to purchase the Swedish business early next year… Read More