reorganization

American Media, publisher of National Enquirer, plans to file for bankruptcy protection in the next two weeks, as it seeks to convert its substantial debt to equity shares in the company.

Dress Barn hopes to undergo an extreme makeover. The company is seeking shareholder approval to change its corporate name to Ascena Retail Group Inc., or Ascena, and to reorganize into a holding company. "The proposed change in structure and name should provide an image more closely aligned with...

IBM has realigned its executive suites and expanded the roles of four of its top managers, according to an internal memo sent to employees Monday -- a move that potentially paves the way for one of them to become the successor to CEO Sam Palmisano.