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Rebranded MCI, it emerged from bankruptcy in 2004 and the assets were bought by Verizon. Parmalat: Italy: 24 Dec 2003: Food: The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went ...
Big Lots filed for bankruptcy in September, after previously warning that it had “substantial doubt” about its survival. The discount retailer recently announced that its deal to sell itself ...
7. Enron Corp. Total assets at the time of bankruptcy (in billions of dollars): 65.5. Date of bankruptcy: December 2, 2001. One of the biggest accounting scandals in history saw the demise of two ...
Another home goods store that went bust in 2023 was Tuesday Morning, which filed for Chapter 11 bankruptcy in February because of its “exceedingly burdensome debt.” It was its second ...
The following private equity firm or hedge fund owned companies have filed for bankruptcy protection: A&P (grocery chain) [1] Brookstone [2] Envision Healthcare [3] Friendly's [1] GenesisCare [3] Instant Brands (maker of Instant Pot and Pyrex) [4] Kmart [5] Party City [6] Payless Shoe Source [2] RadioShack [2] Red Lobster [4] RJR Nabisco [7 ...
A list of companies, governmental and quasi-governmental agencies (government-sponsored enterprises), and/or non-profit organizations involved in the various economic and financial crises of 2007–2008.
Joann has a big footprint in the U.S. — about 850 stores in 49 states. According to NBC News , “The company went public in 2021 as the pandemic lingered and during an apparent boom in at-home ...
This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were: taken over or merged with another financial ...