Popular crafts retailer to emerge from bankruptcy as private company

  • 📰 PennLive
  • ⏱ Reading Time:
  • 13 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

@Topstories Berita

Bankruptcies,Joann-Fabrics

The company had filed for bankruptcy on March 18.

Last month, the company filed for bankruptcy and its more than 800 store locations remained open throughout the process.

JoAnn had filed for bankruptcy with $2.4 billion in debt, the company said in a bankruptcy document. As it emerges from bankruptcy, JoAnn will be a private company owned by some of the company’s financial stakeholders and industry parties.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 463. in İD

Indonesia Berita Terbaru, Indonesia Berita utama