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Luxury Retailer Saks Mulls Bankruptcy Filing
3:23
YouTubeBloomberg Television
Luxury Retailer Saks Mulls Bankruptcy Filing
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is reportedly considering Chapter 11 bankruptcy as a last resort. The company is also weighing additional ways to shore up liquidity, including raising emergency financing or selling assets. Separately, some Saks lenders ...
12.5K views6 days ago
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