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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.
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 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.
In 1970, the company was purchased by RCA, which in turn sold it to Con-Agra in 1980. Banquet was known primarily for a frozen breaded chicken, [ citation needed ] but expanded into other chicken products over the years, including chicken pot pies , chicken nuggets , ready-to-heat microwaveable dinners and buffalo wings .
When it comes to the value wars, deep-fried shots will surely be fired.. On May 13, Buffalo Wild Wings posted an Instagram about its latest deal: all-you-can-eat boneless wings. Every Monday and ...
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] Its subsidiaries were merged and consolidated under the title "Instant Brands". The company is headquartered in Downers Grove, Illinois.
After you’ve painstakingly done your research on what stocks to buy or which company to invest in, if that company then files for Chapter 11 bankruptcy it can hit you hard, especially in the wallet.