YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Home shopping company QVC Group has filed for Chapter 11 bankruptcy.
The company is entering into a restructuring agreement with a majority of its lenders. That would reduce the company's debt to $1.3 billion from $6.6 billion.
The company is seeking to emerge from bankruptcy within around 90 days.
Read more from Quartz.
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