WW International, also known as WeightWatchers (WW), is getting ready to file for bankruptcy in the coming weeks after reaching a debt-restructuring deal with the majority of its lenders, Bloomberg’s Reshmi Basu reports. According to people with knowledge of the situation, the company wants to execute a pre-packaged filing that would allow it to exit Chapter 11 quickly. Its day-to-day operations wouldn’t be impacted by the bankruptcy, one of the people says, adding that the company intends to remain a publicly-traded entity.
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