Alicia McElhaney
Bankruptcy Reporter at The Wall Street Journal
reporter @wsjbankruptcy | she/her | tips & scoops to [email protected] ✨🌙
Articles
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2 days ago |
wsj.com | Andrew Scurria |Alicia McElhaney
U.S. semiconductor supplier Wolfspeed signed a restructuring deal with top creditors to cut roughly $4.6 billion in debt through a bankruptcy filing. Wolfspeed, which makes its silicon carbide wafers and semiconductor components primarily in the U.S., said it signed restructuring agreements with the vast majority of its senior and convertible noteholders and plans to ask all its creditors to approve the terms. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
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2 weeks ago |
wsj.com | Rolfe Winkler |Alicia McElhaney |Joseph Walker
Regeneron is backing away from buying the DNA-testing company after a nonprofit controlled by co-founder Wojcicki made a higher bidAnne Wojcicki is poised to regain control of 23andMe MEHCQ 6.60%increase; green up pointing triangle, after a nonprofit she controls topped Regeneron’s bid for the DNA-testing company, according to people familiar with the matter.
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2 weeks ago |
wsj.com | Jodi Klein |Alicia McElhaney
Onetime rooftop-solar leader Sunnova and residential lender Solar Mosaic filed for chapter 11 bankruptcyJune 9, 2025 12:09 pm ET|WSJ ProSunnova Energy International, once a poster child for America’s residential renewable energy boom with a market value above $5 billion and more than 400,000 customers at its peak, plans to sell or wind down its assets in bankruptcy.
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2 weeks ago |
wsj.com | Jodi Klein |Alicia McElhaney
Onetime rooftop-solar leader Sunnova and residential lender Solar Mosaic filed for chapter 11 bankruptcyUpdated June 9, 2025 8:19 pm ET|WSJ ProSunnova Energy International, once a poster child for America’s residential renewable energy boom with a market value above $5 billion and more than 400,000 customers at its peak, plans to sell or wind down its assets in bankruptcy.
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3 weeks ago |
wsj.com | Alicia McElhaney
The genetic-testing business will sell for at least $305 million after bidders agree to new sale rulesJune 4, 2025 9:41 pm ET|WSJ Pro23andMe has a path to a higher purchase price than the $256 million offered by biotech giant Regeneron after the genetic-testing company’s former chief executive pushed a bankruptcy court to reopen its sale process.
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23andMe’s Former CEO Pushes Purchase Price Nearly $50 Million Higher https://t.co/jPrAE7ZDI8
RT @WSJBankruptcy: Paul Weiss is advising Oaktree, lenders in takeover talks with Superior Industries https://t.co/fpkCJoIM06
One tidbit from Wolfspeed's announcement that it has hired a chief operating officer: The company plans to entire into a 30-day grace period for its interest payment due June 2 $WOLF
