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The bankruptcy chatter swirling around WW International Inc., the company known as WeightWatchers, may be part of a debt-negotiating strategy, according to activist investor Galloway Capital Partners.
According to The Street, the company filed a motion with the U.S. Bankruptcy Court for the Southern District of New York on May 1. That motion seeks approval to sell “all or substantially all of ...
Rite Aid filed for Chapter 11 bankruptcy for the second time in under two years and plans to sell or close all remaining stores. Only four Rite Aid locations remain open in Ohio, significantly ...
Houston-based Pappas Restaurants is close to adding another Tex-Mex chain to its portfolio after winning a bankruptcy auction this week to purchase On The Border Mexican Grill & Cantina.
But while bankruptcy can be a smart solution to consider in certain cases, it's important to understand that filing bankruptcy won't necessarily result in wiping out your debt, which is what ...
After announcing that it would be entering Chapter 11 bankruptcy proceedings, Rite Aid is now slated to begin a process of auctioning off most of its locations. "As we move forward, our key ...
WeightWatchers, the legacy company that has helped people lose weight for more than 62 years, filed for bankruptcy on Tuesday. The company, which also goes by WW International, noted in a news ...
So I was not surprised when Rite Aid announced Monday it is declaring bankruptcy for the second time in less than two years. This bankruptcy is more final than the one Rite Aid filed in 2023.
CEO Tara Comonte said the weight-loss program has no plans to shut down, and that its 3.4 million members would not be affected WeightWatchers WeightWatchers filed for Chapter 11 bankruptcy in an ...
WeightWatchers has filed for Chapter 11 bankruptcy, and in an exclusive interview aired on TODAY May 7, WW CEO Tara Comonte is revealing how the move will affect its 3.4 million members.
NEW YORK (AP) — WeightWatchers said Tuesday it is filing for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and focus on its transition into a telehealth services provider.
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