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wes edens

Firm co-founded by Milwaukee Bucks' billionaire co-owner wants to save Red Lobster from bankruptcy

Fortress Investment Group is the most likely company that is expected to take charge of the struggling casual dining chain, according to Bloomberg.

Amtrak poised to lose monopoly as Brightline bullet trains set to roll in Florida

The Brightline Florida link between Orlando and Miami, which cost $6 billion to build, will reach speeds of more than 125 mph in some areas.

Vice roasted for paying execs up to $900K before filing for bankruptcy

Senior staff reporter Joseph Cox shared screenshots that showed Vice's former executives pulled in cushy salaries to the tune of $815,254, plus bonuses over $100,000.

Bucks owner's daughter shares videos of champagne-filled celebration

Behind-the-scenes. Mallory Edens, the daughter of Bucks co-owner and billionaire Wesley Edens, joined the team for its champagne-filled locker room party after winning the 2021 NBA Finals on Tuesday night...

Trophy $50M penthouse designed by Zaha Hadid sold for 60% discount

The West Chelsea digs were designed by the late starchitect Zaha Hadid.

Bucks owner's daughter wants to buy Knicks

https://www.instagram.com/p/BVfjDt6DwsL/?taken-by=mallory_edens Should James Dolan put the Knicks on the auction block, Mallory Edens has her checkbook ready to go. Speaking to TMZ, the daughter of Milwaukee Bucks co-owner Wes Edens...

Springleaf shares soar after winning approval to buy OneMain Financial

Uncle Sam went easy on Wes Edens. Shares of subprime lender Springleaf Holdings, which is majority owned by Edens’ Fortress Investment Group, surged more than 11 percent Friday after it...

Wes Edens purchases his third company -- in a week

Wes Edens wants to be the newest subprime scion. Edens — founder of Fortress Investment Group and owner of the NBA’s Milwaukee Bucks — made his third debt-related acquisition in...

Bill Erbey's losses become Wes Edens' gain

Wes Edens is coming after Bill Erbey. Two of Edens’ companies announced on Monday separate acquisitions of two former Erbey holdings — one of Ocwen Financial’s mortgage rights portfolio and...

Erbey's Ocwen sells $9.8B in mortgage rights to Edens' Nationstar

Bill Erbey’s pain is Wes Edens’ gain. Erbey’s Ocwen Financial agreed on Monday to sell a $9.8 billion collection of mortgage servicing rights to Freddie Mac-owned houses to Edens’ Nationstar...

Nationstar shares up after regulators nix Wells Fargo mortgages sale

Shares of Wes Edens’ Nationstar Mortgage Holdings jumped 5.3 percent on Friday — one day after regulators put the kibosh on the proposed $39 billion sale of Wells Fargo mortgages...