Amerimark Interactive News Today

Several metro-east companies were among those with layoffs last year.

Bankrupt catalog retailer AmeriMark Interactive LLC told a Delaware federal judge Tuesday that it had a successful auction that resulted in a pair of transactions valued at around $97 million and that it was finalizing asset purchase agreements with the winning bidders.

One would not know it from looking at the S&P which just hit a 2023 high, but there is a bit of a bankruptcy crisis sweeping the US where companies are filing for bankruptcy at the fastest pace in 13 years, in a clear sign of a tightening credit...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Corporate bankruptcies are once again increasing after a two-year lull as pressures on the American economy continue to eat into the profit margins of large, medium and small businesses alike. [...]

Corporate bankruptcies are edging back up after a two-year lull as pressures in the economy grow, a situation sure to worsen if the nations political leaders fail to reach a deal to prevent the government from defaulting on its debt.

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AmeriMark Interactive LLC, a seller of home goods, clothing and other products mostly through catalogs and online, has filed for bankruptcy with plans to sell…

AmeriMark Interactive LLC, a seller of home goods, clothing and other products mostly through catalogs and online, has filed for bankruptcy with plans to sell…

In recent years, private equity (PE) firms have bought and sold more businesses, at higher prices, than ever before. This growth has raised the stakes for all parties.