Belk filed for Chapter 11 bankruptcy in Houston late Tuesday, the first step in a reorganization plan that will see its owner, Sycamore Partners, cede a large stake of the company to its lenders while maintaining control.
Source: New feed
Belk files for bankruptcy, pledges no layoffs or store closings
Published in Plattenville
More from PlattenvilleMore posts in Plattenville »
- Autopsy for missing toddler found dead in Mississippi set for Monday, EBR coroner says
- LSU linebacker Damone Clark receives SEC defensive player of the week
- Live Oak donates money to help football opponent South Terrebonne with hurricane relief efforts
- Is a 71-year-old Baton Rouge judge too old to serve? Showdown in state's highest court will decide
- Bicyclist struck, killed on Airline Highway Saturday night, Louisiana State Police say
Be First to Comment