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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] Prospect Medical Holdings [7] RadioShack [2] Red ...
Instant Brands, the parent company of Instant Pot and Pyrex has filed for Chapter 11 bankruptcy protection, citing “global macroeconomic and geopolitical challenges.”
The maker of Pyrex glassware and Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation, with Americans pulling back on spending.
Instant Pot is a brand of multicookers manufactured by Instant Pot Brands. The multicookers are electronically controlled, combined pressure cookers and slow cookers . The original cookers were marketed as 6-in-1 appliances designed to consolidate the cooking and preparing of food to one device.
MarchFirst: A web development company formed on March 1, 2000, by the merger of USWeb and CKS Group, it filed for bankruptcy and liquidation just over a year after it was formed. Microsoft : Their stock went from 60 cents in 1990 to over $60 in late 1999, then dropped about 60% during the dot-com crash and by its low point in early 2009 the ...
Continue reading ->The post Chapter 11 Bankruptcy, Explained appeared first on SmartAsset Blog. When financial troubles mount and debts are piling up, filing for bankruptcy protection may be a ...
Instant Brands Inc. (formerly Double Insight Inc. and Corelle Brands) is a company selling a range of kitchen appliances. The company was founded by Robert Wang, Yi Qin, and three other Canadian partners in 2009. [2] They are the distributor and designers of the Instant Pot and other products sold under the Instant Brands name. [3]
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