ALEX & ANI has filed for bankruptcy and has petitioned to conduct an auction to seek a stalking horse bidder to purchase its assets. / PBN FILE PHOTO/RUPERT WHITELEY
PROVIDENCE – Alex & Ani filed for Chapter 11 bankruptcy Thursday morning, according to documents from the U.S. Bankruptcy Court for the District of Delaware. Chapter 11 bankruptcy typically involves the reorganization of a business, including debt and assets. The company reported between $100 million and $500 million in assets and an equal range of…
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