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November 14, 2019
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Corporate bankruptcy

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Dean Foods, America’s biggest milk producer, files for bankruptcy

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The Dallas-based milk processor said that it plans to use the Chapter 11 proceedings to keep running the business, and address debt and unfunded debt obligations as it seeks to sell the company. Source link: Click here for more
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Many Americans are drowning in medical debt. Here’s what to know if you need some relief

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High health-care bills are the No. 1 reason that people would consider taking money from retirement accounts or filing for bankruptcy. Medical experts weigh in on what you can do to try to ease the burden. Source link: Click here for more
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PG&E to cut off power to nearly 800,000 customers to reduce wildfire risk

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Power provider PG&E Corp’s unit said on Tuesday it would cut off power for nearly 800,000 customers across northern and central California to reduce wildfire risk. The utility filed for bankruptcy protection earlier this year. Source link: Click here for more
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Here’s a map of the Forever 21 stores set to close

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Forever 21 on Tuesday released a list of the nearly 200 locations it could potentially close as part of its bankruptcy proceedings. When the apparel retailer filed for bankruptcy on Sunday evening, it said it had 549 stores in the U.S. and 251 locations internationally. The planned closures represent about...
CNBC Business

Here’s why the Forever 21 bankruptcy means really bad news for malls

CNBC
A Forever 21 bankruptcy was not on U.S. mall owners’ wish lists ahead of this holiday season. The teen apparel retailer on Sunday night announced it was filing for Chapter 11 bankruptcy, planning to close nearly 200 locations in the U.S. Forever 21 has 815 stores globally, and expects to...
CNBC Business

Apparel retailer Forever 21 files for bankruptcy

CNBC
Pedestrians pass in front of a Forever 21 store in New York. Scott Mlyn | CNBC Apparel retailer Forever 21 said Sunday night it is filing for Chapter 11 bankruptcy protection. The fast-fashion retailer obtained $275 million in financing from its existing lenders with JPMorgan Chase and $75 million in...

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