tiprankstipranks
Trending News
More News >

Tupperware preparing to file for bankruptcy as soon as this week, Bloomberg says

Tupperware Brands is preparing to file for bankruptcy as soon as this week, people with knowledge of the plans told Bloomberg’s Eliza Ronalds-Hannon and Reshmi Basu. Following a years-long effort to revive the business amid waning demand, the home-goods brand is planning to enter court protection after it breached the terms of its debt and enlisted legal and financial advisers, the report said.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue