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Finance & Markets

Brightline Offers 4.75% Equity Stake to Lure Hedge Fund Holdouts

Brightline agreed to give creditors that own its corporate debt at least a 4.75% equity stake in its reorganized business, as well as other incentives, as part of a deal to get the holdouts to back its Chapter 11 restructuring plan.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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JAMB extends deadline for candidates to accept 2021-2025 admission offers

The Joint Admissions and Matriculation Board (JAMB) has extended to November 30, 2026, the deadline for candidates with outstanding admission offers from 2021 to 2025 to accept or reject the offers on…

  • JAMB extends deadline for 2021-2025 admission offers to November 30, 2026
  • Extension aims to resolve CAPS technical issues and processing delays
  • Candidates can reject earlier offers without affecting 2026 admissions

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