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DeepNewz, mobile.
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There has been a significant increase in business bankruptcies across companies of all sizes, with 12 companies filing for bankruptcy with debts exceeding $50 million since Sunday, according to Bloomberg data. This trend is nearing record levels set in 2009 and 2020.
Unique retail chain files Chapter 11 bankruptcy https://t.co/AAdHKbsSY4
“12 companies have filed for bankruptcy with debts of more than $50 million since Sunday, according to data compiled by Bloomberg. That’s just four shy of the previous record set at the end of April 2009, and close to the tally reached in mid-June 2020, Steven Church reports. “…
It’s just data. “12 companies have filed for bankruptcy with debts of more than $50M since Sunday, according to data compiled by @business That’s just four shy of the previous record set at the end of April 2009, and close to the tally reached in mid-June 2020.” @business https://t.co/BqhbLki0nB
