A group of lenders is poised to purchase Tupperware Brands, which would allow the Kissimmee-based company to exit Chapter 11 ...
Tupperware Brands is on the way to avoiding bankruptcy after a U.S. bankruptcy judge approved a sale to lenders on Tuesday.
Chapter 11 bankruptcy is a common route. Tupperware shares have plummeted 74.5% this year and last traded at just 51 cents.
The sale given the court’s green light in Delaware still is subject to closing conditions. Under terms of the deal, a group ...
A US bankruptcy judge has approved the sale of Tupperware Brands to a group of lenders enabling the iconic food storage ...
The court has approved the sale of Tupperware Brands' assets to its lenders, which would allow it to exit bankruptcy and ...
The popular fast-casual chain, TGI Fridays, filed for bankruptcy over the weekend, citing the COVID-19 pandemic and its capital structure as the main cause of its financial challenges. Here's what to ...
The casual dining chain TGI Fridays has initiated Chapter 11 bankruptcy proceedings in Texas, marking a steep decline for a ...
NEW YORK — A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food-shortage company to soon exit Chapter 11 protection and continue offering ...
The casual dining chain, which saw dozens of its U.S. restaurants close this year, said its financial woes stem from the ...
Indonesia was Tupperware's largest market in 2013, with sales reaching $200 million, primarily supported by housewives ...