Medalist Diversified, Inc. (MDRR): Termination of a Material Definitive Agreement

Medalist Diversified, Inc. (MDRR) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. EX-99.1 2 mdrr-20260731xex99d1.htm EX-99.1 ​ Exhibit 99.1 ​ MEDALIST DIVERSIFIED, INC. ​ UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS ​ Unaudited Pro Forma Consolidated Balance Sheet as of March 31, 2026 ​ and ​ Unaudited Pro Forma Consolidated Statements of Operations f

Medalist Diversified, Inc. (MDRR) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Medalist Diversified, Inc._July 29, 2026 0001654595 false 0001654595 2026-07-29 2026-07-29 ​ ​ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15( d ) of the Securities Exchange Act of 1934 Date of Report:

Abbott agreed to a $670 million settlement to resolve 2,000 lawsuits over alleged harms from its infant formulas, including a $495 million case where a jury found its product caused necrotizing enterocolitis. About 1,000 similar lawsuits are pending against Abbott and Mead Johnson, a Reckitt unit.

Cumulus Media received FCC approval to transfer licenses to new shareholders, a key step in its Chapter 11 restructuring. The company committed to maintaining newsroom staffing for two years. The plan eliminates $592M in debt and reduces annual interest expenses by $49M, transferring ownership to lenders.

Broadcom is reportedly seeking over $60 billion in debt for an AI chip financing deal, benefiting companies like Anthropic. The deal may include a $30 billion junior debt tranche and senior-secured debt ranging from $60 billion to $70 billion, totaling up to $100 billion. Blackstone and Apollo Global Management are in talks to participate, according to Bloomberg News.

Moody's upgraded VF Corp.'s (VFC) outlook to stable from negative, citing debt reduction and improved credit metrics. The company's debt/EBITDA is 3.9x, and EBITA/Interest is 3.1x. Moody's expects further debt reduction and improved metrics by fiscal 2027. VF Corp. generated $9.5B in revenue, with strong performance from North Face, Vans, and Timberland brands.