Metro Jacksonville

Community => Business => Topic started by: thelakelander on November 14, 2017, 08:04:13 PM

Title: Reports say Winn-Dixie parent could be headed for bankruptcy
Post by: thelakelander on November 14, 2017, 08:04:13 PM
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
Title: Re: Reports say Winn-Dixie parent could be headed for bankruptcy
Post by: 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?
Title: Re: Reports say Winn-Dixie parent could be headed for bankruptcy
Post by: Jim on November 15, 2017, 10:01:47 AM
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.
Title: Re: Reports say Winn-Dixie parent could be headed for bankruptcy
Post by: FSBlue on November 17, 2017, 06:54:06 PM
Wonder if the rumors of a Kroger buyout will be cropping back up.
Title: Re: Reports say Winn-Dixie parent could be headed for bankruptcy
Post by: remc86007 on November 17, 2017, 07:13:55 PM
Management fees...