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 »
- Did Jeff Landry's office fully probe sexual harassment reports? Here's how many interviews happened
- Karen Carter Peterson once helped elect a Republican speaker. Here's how it happened
- What's a 'troll rip?' It's how Baton Rouge detectives got prostitutes to set up drug dealers
- Getting COVID vaccine will not affect your life insurance policy, Louisiana officials say
- Claitor puts Government Street tracts on the market, asking price $3.2 million
Be First to Comment