Reports say Winn-Dixie parent could be headed for bankruptcy

Started by thelakelander, November 14, 2017, 08:04:13 PM

thelakelander

QuoteMore than a decade after it emerged from a Chapter 11 bankruptcy restructuring, several reports in recent days say debt issues could force Winn-Dixie's current owner, Southeastern Grocers LLC, into another Chapter 11 reorganization filing.

Full article: https://www.jaxdailyrecord.com/article/reports-say-winn-dixie-parent-could-be-headed-for-bankruptcy
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

marcuscnelson

How the hell do you end up almost a billion dollars in debt a decade after the last bankruptcy?
So, to the young people fighting in this movement for change, here is my charge: march in the streets, protest, run for school committee or city council or the state legislature. And win. - Ed Markey

Jim

Quote from: marcuscnelson on November 14, 2017, 11:31:10 PM
How the hell do you end up almost a billion dollars in debt a decade after the last bankruptcy?
For some people/companies, it's an art form.

FSBlue

Wonder if the rumors of a Kroger buyout will be cropping back up.