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SVB Financial Group Files Chapter 11

SVB Financial Group, which is no longer affiliated with Silicon Valley Bank, filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value. read more

Mitsubishi HC Capital Acquires CAI International

CAI International entered into a definitive agreement to be acquired by Mitsubishi HC Capital. Under the terms of the merger agreement, Mitsubishi HC Capital will acquire all of CAI’s outstanding and fully diluted common stock in an all-cash transaction for $56 per share. read more

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