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 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