#bankruptcy

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    SPIRIT AIRLINES STOCK PLUMMETS AMID BANKRUPTCY FILING REPORTS

    Spirit Airlines (SAVE) saw its stock plunge by 40% in premarket trading as reports surfaced about the carrier exploring a potential bankruptcy filing. This comes after the failure of a $3.8 billion merger with JetBlue Airways (JBLU). Spirit is reportedly in talks with bondholders about a chapter...
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    BIG LOTS FILES FOR CHAPTER 11 BANKRUPTCY AMID ECONOMIC STRUGGLES; AGREES TO SELL ASSETS TO NEXUS CAPITAL

    Big Lots, Inc. officially announced its voluntary Chapter 11 bankruptcy filing, confirming that it will sell all assets and business operations to an affiliate of Nexus Capital Management, a private equity firm. The discount retailer, headquartered in Columbus, Ohio, cited challenging economic...
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