These Big Companies Run The Risk Of Bankruptcy This Year

Published on 07/15/2019
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Bertucci’s

Bertucci’s is an Italian restaurant chain that filed for bankruptcy in the spring last year. It shut down 15 stores in April. Eventually, Earl Enterprises acquired it for the price of $20 million. Biz Journals reported that it can be further divided into $3 million cash, $4 million credit, and $13 million debt.

Bertucci's

Bertucci’s

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Gymboree

Gymboree applied for bankruptcy in January 2019. It was planning to shut down all of its Gymboree and Crazy 8 stores until something else happened. Children’s Place ended up acquiring it two months later. That aside, the Gap paid for intellectual property rights over customer data, website, and Janie and Jack.

Gymboree

Gymboree

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